Gryphon Digital Mining Inc [GRYP] stock prices are down -0.04% to $0.27 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The GRYP shares have gain 0.19% over the last week, with a monthly amount drifted -14.21%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Lake Street started tracking the stock with Buy rating on July 23, 2021, and set its price target to $8. On December 19, 2019, Alliance Global Partners initiated with a Buy rating and assigned a price target of $18 on the stock.
The stock price of Gryphon Digital Mining Inc [GRYP] has been fluctuating between $0.26 and $2.59 over the past year. Gryphon Digital Mining Inc [NASDAQ: GRYP] shares were valued at $0.27 at the most recent close of the market.
Analyzing the GRYP fundamentals
The Gryphon Digital Mining Inc [NASDAQ:GRYP] reported sales of 6.84M for trailing twelve months, representing a surge of 77.14%. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at -0.76%, Pretax Profit Margin comes in at -1.44%, and Net Profit Margin reading is -1.43%. To continue investigating profitability, this company’s Return on Assets is posted at -4.33, Equity is 2.85 and Total Capital is 0.92. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -1.02.
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 0.2400 points at the first support level, and at 0.2096 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.2859, and for the 2nd resistance point, it is at 0.3014.
Ratios To Look Out For
It’s worth pointing out that Gryphon Digital Mining Inc [NASDAQ:GRYP]’s Current Ratio is 0.06. On the other hand, the Quick Ratio is 0.06, and the Cash Ratio is 0.01. Considering the valuation of this stock, the price to sales ratio is 2.73.
Transactions by insiders
Recent insider trading involved Vaiopoulos Demetrios, Director, that happened on Jan 13 ’25 when 48412.0 shares were purchased. Director, Kaiser Brittany completed a deal on Jan 13 ’25 to buy 96824.0 shares. Meanwhile, Director Billingsley Jessica bought 48412.0 shares on Jan 13 ’25.
