Gryphon Digital Mining Inc (NASDAQ:GRYP) shares, rose in value on Thursday, July 10, with the stock price up by 12.21% to the previous day’s close as strong demand from buyers drove the stock to $1.47.
Actively observing the price movement in the last trading, the stock closed the session at $1.31, falling within a range of $1.26 and $1.49. Referring to stock’s 52-week performance, its high was $2.93, and the low was $0.13. On the whole, GRYP has fluctuated by 25.64% over the past month.
With the market capitalization of Gryphon Digital Mining Inc currently standing at about $106.66 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-01.
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% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of GRYP currently trading nearly 43.11% and 52.36% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 68.79, while the 7-day volatility ratio is showing 17.59% which for the 30-day chart, stands at 12.69%. Furthermore, Gryphon Digital Mining Inc (GRYP)’s beta value is 3.86.
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 12.21% in last session, and over the past year, it grew by 266.86%%.
Data on historical trading for Gryphon Digital Mining Inc (NASDAQ:GRYP) indicates that the trading volumes over the past 10 days have averaged 20.2 and over the past 3 months, they’ve averaged 15.87 million. According to company’s latest data on outstanding shares, there are 69.99 million shares outstanding.
Nearly 31.12% of Gryphon Digital Mining Inc’s shares belong to company insiders and institutional investors own 5.06% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.99 million shares as on 2025-06-13, resulting in a short ratio of 0.1. According to the data, the short interest in Gryphon Digital Mining Inc (GRYP) stood at 340.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 5.03 million. The stock has risen by 28.95% 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.
