Greenidge Generation Holdings Inc (NASDAQ:GREE) shares, rose in value on Thursday, April 16, with the stock price up by 3.73% to the previous day’s close as strong demand from buyers drove the stock to $0.66.
Actively observing the price movement in the last trading, the stock closed the session at $0.64, falling within a range of $0.6311 and $0.6597. The value of beta (5-year monthly) was 3.19. Referring to stock’s 52-week performance, its high was $3.84, and the low was $0.58. On the whole, GREE has fluctuated by -29.84% over the past month.
With the market capitalization of Greenidge Generation Holdings Inc currently standing at about $7.54 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-30.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GREE’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of GREE currently trading nearly -8.98% and -23.57% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.28, while the 7-day volatility ratio is showing 6.81% which for the 30-day chart, stands at 8.51%. Furthermore, Greenidge Generation Holdings Inc (GREE)’s beta value is 3.67, and its average true range (ATR) is 0.06.
A comparison of Greenidge Generation Holdings Inc (GREE) with its peers suggests the former has fared considerably weaker in the market. GREE showed an intraday change of 3.73% in last session, and over the past year, it shrunk by -70.55%%.
Data on historical trading for Greenidge Generation Holdings Inc (NASDAQ:GREE) indicates that the trading volumes over the past 10 days have averaged 0.14 and over the past 3 months, they’ve averaged 207.31K. According to company’s latest data on outstanding shares, there are 10.29 million shares outstanding.
Nearly 35.24% of Greenidge Generation Holdings Inc’s shares belong to company insiders and institutional investors own 8.51% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.61 million shares as on 2025-03-31, resulting in a short ratio of 4.07. According to the data, the short interest in Greenidge Generation Holdings Inc (GREE) stood at 733.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 0.79 million. The stock has fallen by -57.45% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GREE stock heading into the next quarter.
