In the past week, GRYP stock has gone down by -8.35%, with a monthly gain of 6.03% and a quarterly plunge of -39.10%. The volatility ratio for the week is 11.11%, and the volatility levels for the last 30 days are 15.42% for Gryphon Digital Mining Inc. The simple moving average for the past 20 days is -3.76% for GRYP’s stock, with a -54.35% simple moving average for the past 200 days.
Is It Worth Investing in Gryphon Digital Mining Inc (NASDAQ: GRYP) Right Now?
The 36-month beta value for GRYP is also noteworthy at 2.46. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for GRYP is 38.64M, and at present, short sellers hold a 1.66% of that float. The average trading volume of GRYP on January 23, 2025 was 2.84M shares.
GRYP) stock’s latest price update
Gryphon Digital Mining Inc (NASDAQ: GRYP)’s stock price has gone decline by -2.43 in comparison to its previous close of 0.42, however, the company has experienced a -8.35% decrease in its stock price over the last five trading days. accesswire.com reported 2025-01-14 that LAS VEGAS, NV / ACCESSWIRE / January 14, 2025 / Gryphon Digital Mining, Inc. (Nasdaq:GRYP) (“Gryphon” or the “Company”), an innovative venture in the bitcoin and AI space dedicated to helping bring digital assets to the market, today announced that it has signed a non-brokered offering of its common stock for total gross proceeds of approximately $2.85 million on January 13, 2025. The offering saw 100% participation from the management team and a majority of the board members, demonstrating strong internal confidence in the Company’s strategic direction.
Analysts’ Opinion of GRYP
Lake Street, on the other hand, stated in their research note that they expect to see GRYP reach a price target of $8. The rating they have provided for GRYP stocks is “Buy” according to the report published on July 23rd, 2021.
Alliance Global Partners gave a rating of “Buy” to GRYP, setting the target price at $18 in the report published on December 19th of the previous year.
GRYP Trading at -26.71% from the 50-Day Moving Average
After a stumble in the market that brought GRYP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -95.18% of loss for the given period.
Volatility was left at 15.42%, however, over the last 30 days, the volatility rate increased by 11.11%, as shares sank -11.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -38.79% lower at present.
During the last 5 trading sessions, GRYP fell by -8.35%, which changed the moving average for the period of 200-days by -68.53% in comparison to the 20-day moving average, which settled at $0.4219. In addition, Gryphon Digital Mining Inc saw 1.32% 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 GRYP starting from Vaiopoulos Demetrios, who purchase 48,412 shares at the price of $0.39 back on Jan 13 ’25. After this action, Vaiopoulos Demetrios now owns 48,412 shares of Gryphon Digital Mining Inc, valued at $18,881 using the latest closing price.
Kaiser Brittany, the Director of Gryphon Digital Mining Inc, purchase 96,824 shares at $0.39 during a trade that took place back on Jan 13 ’25, which means that Kaiser Brittany is holding 96,824 shares at $37,761 based on the most recent closing price.
Stock Fundamentals for GRYP
Current profitability levels for the company are sitting at:
- -0.76 for the present operating margin
- 0.15 for the gross margin
The net margin for Gryphon Digital Mining Inc stands at -1.43. The total capital return value is set at 0.92.
Based on Gryphon Digital Mining Inc (GRYP), the company’s capital structure generated 47.81 points at debt to capital in total, while cash flow to debt ratio is standing at -0.13. The debt to equity ratio resting at -1.02. The interest coverage ratio of the stock is -19.18.
Currently, EBITDA for the company is -7.45 million with net debt to EBITDA at -1.69. When we switch over and look at the enterprise to sales, we see a ratio of 2.06. The receivables turnover for the company is 22783.0for trailing twelve months and the total asset turnover is 3.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.06.
Conclusion
In summary, Gryphon Digital Mining Inc (GRYP) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as 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.
