Gryphon Digital Mining Inc (NASDAQ:GRYP) shares, rose in value, with the stock price up by 9.15% to the previous day’s close as strong demand from buyers drove the stock to $0.16.
Actively observing the price movement in the last trading, the stock closed the session at $0.14, falling within a range of $0.1402 and $0.1599. Referring to stock’s 52-week performance, its high was $1.80, and the low was $0.13. On the whole, GRYP has fluctuated by -19.69% over the past month.
With the market capitalization of Gryphon Digital Mining Inc currently standing at about $10.85 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-31.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GRYP’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 GRYP currently trading nearly -4.55% and -30.86% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.73, while the 7-day volatility ratio is showing 12.54% which for the 30-day chart, stands at 14.46%. Furthermore, Gryphon Digital Mining Inc (GRYP)’s beta value is 2.34, and its average true range (ATR) is 0.02.
A comparison of Gryphon Digital Mining Inc (GRYP) with its peers suggests the former has fared considerably weaker in the market. GRYP showed an intraday change of 9.15% in last session, and over the past year, it shrunk by -88.93%%.
Data on historical trading for Gryphon Digital Mining Inc (NASDAQ:GRYP) indicates that the trading volumes over the past 10 days have averaged 0.61 and over the past 3 months, they’ve averaged 914.50K. According to company’s latest data on outstanding shares, there are 52.99 million shares outstanding.
Nearly 33.04% of Gryphon Digital Mining Inc’s shares belong to company insiders and institutional investors own 3.23% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.73 million shares as on 2025-03-31, resulting in a short ratio of 1.11. According to the data, the short interest in Gryphon Digital Mining Inc (GRYP) stood at 140.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 1.13 million. The stock has fallen by -61.32% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GRYP stock heading into the next quarter.
