Gryphon Digital Mining Inc (NASDAQ:GRYP) traded at $0.69 at close of the session on current trade day and made an upward move of 4.92% on its previous day’s price.
Looking at the stock we see that its previous close was $0.66 with the day’s price range being $0.6189 – $0.6941. In terms of its 52-week price range, GRYP has a high of $10.30 and a low of $0.38. The company’s stock has gained about 15.09% over that past 30 days.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Gryphon Digital Mining Inc has a market cap of $36.85 million and is expected to release its quarterly earnings report in December.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 3.9M, with a low of 3.9M and a high of 3.9M.
On the other hand, looking at the outlook for the GRYP stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell.
Looking further, we note the current price level is 1.46% off its SMA20 and 10.37% from its 50-day simple moving average. The RSI (14) is pointing at 51.70 while the volatility over the past week is 16.10% and jumps to 18.40% over the past one month. The beta value is 2.39, while the average true range (ATR) is currently pointing at 0.11.
Coming back to Gryphon Digital Mining Inc (NASDAQ:GRYP), we note that the average 3-month trading volume was 606.06K, while that of the preceding 10-day period stands at 1.69 million. Current shares outstanding are 51.10 million.
The insiders hold 36.07% of the company’s shares while institutions hold 5.12%. The data shows that short shares as of 2024-10-31, stood at 0.26 million at a short ratio of 0.56. This represents a 57.00 short interest in shares outstanding on 2024-10-31. Shares short rose in October from the previous month at 77469.0. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -92.10% down in year-to-date price movement.
