A share price of Greenidge Generation Holdings Inc [GREE] is currently trading at $1.67, down -5.65%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The GREE shares have gain 7.74% over the last week, with a monthly amount drifted -29.54%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Greenidge Generation Holdings Inc [NASDAQ: GREE] stock has seen the most recent analyst activity on March 25, 2022, when Stifel initiated its Hold rating and assigned the stock a price target of $10. Previously, B. Riley Securities started tracking the stock with Buy rating on September 29, 2021, and set its price target to $78.
Greenidge Generation Holdings Inc experienced fluctuations in its stock price throughout the past year between $1.52 and $6.75. Greenidge Generation Holdings Inc [NASDAQ: GREE] shares were valued at $1.67 at the most recent close of the market.
Analyzing the GREE fundamentals
Trailing Twelve Months sales for Greenidge Generation Holdings Inc [NASDAQ:GREE] were 64.38M which represents -40.84% decline. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at -0.18%, Pretax Profit Margin comes in at -0.21%, and Net Profit Margin reading is -0.2%. To continue investigating profitability, this company’s Return on Assets is posted at -0.22, Equity is 0.25 and Total Capital is -0.27. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -1.2.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.6301 points at the first support level, and at 1.5901 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.7199, and for the 2nd resistance point, it is at 1.7697.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Greenidge Generation Holdings Inc [NASDAQ:GREE] is 1.22. Further, the Quick Ratio stands at 1.22, while the Cash Ratio is 0.45. Considering the valuation of this stock, the price to sales ratio is 0.30.
Transactions by insiders
Recent insider trading involved Kovler Jordan, Chief Executive Officer, that happened on Dec 23 ’24 when 5000.0 shares were purchased. Chief Financial Officer, Mulvihill Christian completed a deal on Dec 17 ’24 to sell 595.0 shares. Meanwhile, Chief Executive Officer Kovler Jordan bought 5000.0 shares on Sep 06 ’24.
