The stock of Greenidge Generation Holdings Inc (GREE) has seen a -11.22% decrease in the past week, with a -44.45% drop in the past month, and a -60.09% decrease in the past quarter. The volatility ratio for the week is 7.22%, and the volatility levels for the past 30 days are at 8.42% for GREE. The simple moving average for the past 20 days is -19.87% for GREE’s stock, with a -56.69% simple moving average for the past 200 days.
Is It Worth Investing in Greenidge Generation Holdings Inc (NASDAQ: GREE) Right Now?
The 36-month beta value for GREE is at 3.21. 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 7.62M, and currently, shorts hold a 10.90% of that float. The average trading volume for GREE on February 26, 2025 was 357.30K shares.
GREE) stock’s latest price update
The stock of Greenidge Generation Holdings Inc (NASDAQ: GREE) has decreased by -10.39 when compared to last closing price of 1.06.Despite this, the company has seen a loss of -11.22% in its stock price over the last five trading days. thenewswire.com reported 2025-02-20 that February 20, 2025, ST. PETERSBURG, FL – Water Tower Research (www.watertowerresearch.com) has published an Initiation of Coverage Report on Greenidge Generation Holdings, Inc. (NASDAQ: GREE) titled, “Future of Integrated Crypto Data Centers and Power Generation Looks Bright”. The report can be accessed here. Greenidge builds, maintains, and operates data centers focused on Bitcoin mining and Artificial Intelligence and High-Performance Computing) (AI/HPC), along with related power and electric infrastructure. The company’s knowledge of electricity markets and power plants makes it a market leader in the construction and operation of data centers.
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 -39.41% 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 -78.98% of loss for the given period.
Volatility was left at 8.42%, however, over the last 30 days, the volatility rate increased by 7.22%, as shares sank -39.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -56.82% lower at present.
During the last 5 trading sessions, GREE fell by -11.22%, which changed the moving average for the period of 200-days by -61.07% in comparison to the 20-day moving average, which settled at $1.1855. In addition, Greenidge Generation Holdings Inc saw -38.72% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GREE starting from Mulvihill Christian, who sale 710 shares at the price of $1.08 back on Feb 13 ’25. After this action, Mulvihill Christian now owns 54,865 shares of Greenidge Generation Holdings Inc, valued at $767 using the latest closing price.
Irwin Dale, the President of Greenidge Generation Holdings Inc, sale 2,076 shares at $1.29 during a trade that took place back on Feb 03 ’25, which means that Irwin Dale is holding 67,157 shares at $2,677 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 1.13. 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 bad 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.
