Gryphon Digital Mining Inc (NASDAQ:GRYP) traded at $0.17 at close of the session on Monday, March 31 and made an upward move of 3.22% on its previous day’s price.
Looking at the stock we see that its previous close was $0.16 with the day’s price range being $0.152 – $0.18. In terms of its 52-week price range, GRYP has a high of $1.89 and a low of $0.16. The company’s stock has lost about -39.05% over that past 30 days.
Gryphon Digital Mining Inc has a market cap of $11.73 million and is expected to release its quarterly earnings report on 2024-Nov-12.
On the other hand, looking at the outlook for the GRYP stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell.
Looking further, we note the current price level is -16.55% off its SMA20 and -38.40% from its 50-day simple moving average. The RSI (14) is pointing at 32.32 while the volatility over the past week is 17.48% and jumps to 14.27% over the past one month. The beta value is 2.79, while the average true range (ATR) is currently pointing at 0.03.
Coming back to Gryphon Digital Mining Inc (NASDAQ:GRYP), we note that the average 3-month trading volume was 2.73 million, while that of the preceding 10-day period stands at 0.6 million. Current shares outstanding are 69.00 million.
The insiders hold 33.04% of the company’s shares while institutions hold 3.35%. The data shows that short shares as of 2025-03-14, stood at 0.87 million at a short ratio of 1.1. This represents a 135.00 short interest in shares outstanding on 2025-03-14. Shares short fall in March from the previous month at 1.3 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -57.57% down in year-to-date price movement.
