Greenidge Generation Holdings Inc. (NASDAQ:GREE) went up by 5.00% from its latest closing price compared to the recent 1-year high of $60.00. The company’s stock price has collected -4.16% of loss in the last five trading sessions. Press Release reported 15 hours ago that Greenidge Generation Announces Senior Note Underwriters Will Exercise Option to Purchase Additional Notes
Is It Worth Investing in Greenidge Generation Holdings Inc. (NASDAQ :GREE) Right Now?
Plus, the 36-month beta value for GREE is at 1.59. Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for Greenidge Generation Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $78.00. GREE currently public float of 9.52M and currently shorts hold a 5.79% ratio of that float. Today, the average trading volume of GREE was 3.67M shares.
GREE’s Market Performance
The simple moving average for the period of the last 20 days is -14.95% for GREE stocks with a simple moving average of -14.95% for the last 200 days.
Analysts’ Opinion of GREE
Many brokerage firms have already submitted their reports for GREE stocks, with B. Riley Securities repeating the rating for GREE by listing it as a “Buy.” The predicted price for GREE in the upcoming period, according to B. Riley Securities is $78 based on the research report published on September 29th of the current year 2021.
GREE Trading at -14.95% from the 50-Day Moving Average
After a stumble in the market that brought GREE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -60.08% of loss for the given period.
Over the last 50 days, in opposition, the stock is trading +285.05% upper at present.
During the last 5 trading sessions, GREE fell by -4.16%, which changed the moving average for the period of 200-days by +1,040.48% in comparison to the 20-day moving average, which settled at $27.19. In addition, Greenidge Generation Holdings Inc. saw -44.82% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for GREE
Current profitability levels for the company are sitting at:
- +0.12 for the present operating margin
- +34.07 for the gross margin
The net margin for Greenidge Generation Holdings Inc. stands at +1.02. The total capital return value is set at 0.15, while invested capital returns managed to touch 1.32. Equity return is now at value -8.90, with -7.70 for asset returns.
Based on Greenidge Generation Holdings Inc. (GREE), the company’s capital structure generated 0.18 points at debt to equity in total, while total debt to capital is 0.18. Total debt to assets is 0.16, with long-term debt to equity ratio resting at 0.01. Finally, the long-term debt to capital ratio is 0.01.
When we switch over and look at the enterprise to sales, we see a ratio of 0.29, with the company’s debt to enterprise value settled at 0.00. The receivables turnover for the company is 5.36 and the total asset turnover is 1.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 9.60.