The 36-month beta value for GREE is at 3.09. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for GREE is 8.37M, and currently, shorts hold a 9.53% of that float. The average trading volume for GREE on January 20, 2025 was 1.23M shares.
GREE) stock’s latest price update
Greenidge Generation Holdings Inc (NASDAQ: GREE)’s stock price has gone rise by 10.40 in comparison to its previous close of 1.73, however, the company has experienced a 15.76% increase in its stock price over the last five trading days. globenewswire.com reported 2024-12-12 that The purchase is a significant milestone for Data Journey as it marks their entry into the S. Carolina market and supports the company’s aggressive growth.
GREE’s Market Performance
GREE’s stock has risen by 15.76% in the past week, with a monthly drop of -12.39% and a quarterly drop of -20.75%. The volatility ratio for the week is 8.42% while the volatility levels for the last 30 days are 8.66% for Greenidge Generation Holdings Inc The simple moving average for the past 20 days is 9.39% for GREE’s stock, with a -19.79% simple moving average for the past 200 days.
Analysts’ Opinion of GREE
Many brokerage firms have already submitted their reports for GREE stocks, with Stifel repeating the rating for GREE by listing it as a “Hold.” The predicted price for GREE in the upcoming period, according to Stifel is $10 based on the research report published on March 25, 2022 of the previous year 2022.
B. Riley Securities, on the other hand, stated in their research note that they expect to see GREE reach a price target of $78. The rating they have provided for GREE stocks is “Buy” according to the report published on September 29th, 2021.
GREE Trading at -9.16% 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 -64.95% of loss for the given period.
Volatility was left at 8.66%, however, over the last 30 days, the volatility rate increased by 8.42%, as shares sank -13.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.57% lower at present.
During the last 5 trading sessions, GREE rose by +15.76%, which changed the moving average for the period of 200-days by -39.37% in comparison to the 20-day moving average, which settled at $1.7460. In addition, Greenidge Generation Holdings Inc saw 23.23% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GREE starting from Mulvihill Christian, who sale 723 shares at the price of $1.63 back on Jan 14 ’25. After this action, Mulvihill Christian now owns 57,522 shares of Greenidge Generation Holdings Inc, valued at $1,178 using the latest closing price.
Kovler Jordan, the Chief Executive Officer of Greenidge Generation Holdings Inc, purchase 5,000 shares at $1.76 during a trade that took place back on Dec 23 ’24, which means that Kovler Jordan is holding 60,291 shares at $8,800 based on the most recent closing price.
Stock Fundamentals for GREE
Current profitability levels for the company are sitting at:
- -0.18 for the present operating margin
- 0.19 for the gross margin
The net margin for Greenidge Generation Holdings Inc stands at -0.2. The total capital return value is set at -0.27.
Based on Greenidge Generation Holdings Inc (GREE), the company’s capital structure generated 6.05 points at debt to capital in total, while cash flow to debt ratio is standing at -0.27. The debt to equity ratio resting at -1.2. The interest coverage ratio of the stock is -1.36.
Currently, EBITDA for the company is -2.78 million with net debt to EBITDA at 15.68. When we switch over and look at the enterprise to sales, we see a ratio of 1.3. The receivables turnover for the company is 53.12for trailing twelve months and the total asset turnover is 1.08. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.22.
Conclusion
In conclusion, Greenidge Generation Holdings Inc (GREE) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
