At the time of writing, Greenidge Generation Holdings Inc [GREE] stock is trading at $0.66, up 3.73%. An important factor to consider is whether the stock is rising or falling in short-term value. The GREE shares have gain 10.12% over the last week, with a monthly amount drifted -29.84%, 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.
For the past year, the stock price of Greenidge Generation Holdings Inc fluctuated between $0.58 and $3.84. Greenidge Generation Holdings Inc [NASDAQ: GREE] shares were valued at $0.66 at the most recent close of the market.
Analyzing the GREE fundamentals
According to Greenidge Generation Holdings Inc [NASDAQ:GREE], the company’s sales were 59.53M for trailing twelve months, which represents an -24.69% plunge. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at -0.19%, Pretax Profit Margin comes in at -0.33%, and Net Profit Margin reading is -0.33%. To continue investigating profitability, this company’s Return on Assets is posted at -0.31, Equity is 0.37 and Total Capital is -0.25. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -1.22.
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 0.6406 points at the first support level, and at 0.6215 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.6692, and for the 2nd resistance point, it is at 0.6787.
Ratios To Look Out For
It is important to note that Greenidge Generation Holdings Inc [NASDAQ:GREE] has a current ratio of 1.39. On the other hand, the Quick Ratio is 1.39, and the Cash Ratio is 0.45. Considering the valuation of this stock, the price to sales ratio is 0.13.
Transactions by insiders
Recent insider trading involved Mulvihill Christian, Chief Financial Officer, that happened on Apr 14 ’25 when 618.0 shares were sold. President, Irwin Dale completed a deal on Mar 28 ’25 to sell 23554.0 shares. Meanwhile, Chief Financial Officer Mulvihill Christian sold 24353.0 shares on Mar 27 ’25.
