HC Wainwright restated their neutral rating on shares of Gryphon Digital Mining (NASDAQ:GRYP - Free Report) in a research report sent to investors on Tuesday,Benzinga reports.
Gryphon Digital Mining Stock Performance
NASDAQ GRYP traded up $0.32 during trading hours on Tuesday, hitting $1.39. The company had a trading volume of 46,360,193 shares, compared to its average volume of 3,380,931. Gryphon Digital Mining has a 52 week low of $0.13 and a 52 week high of $2.93. The firm has a 50 day simple moving average of $0.31 and a 200 day simple moving average of $0.41. The firm has a market capitalization of $96.39 million, a price-to-earnings ratio of -2.57 and a beta of 2.31.
Gryphon Digital Mining (NASDAQ:GRYP - Get Free Report) last issued its quarterly earnings results on Thursday, May 15th. The company reported ($0.09) earnings per share (EPS) for the quarter. On average, research analysts forecast that Gryphon Digital Mining will post -0.76 earnings per share for the current year.
Institutional Trading of Gryphon Digital Mining
A hedge fund recently bought a new stake in Gryphon Digital Mining stock. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Gryphon Digital Mining, Inc. (NASDAQ:GRYP - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 390,724 shares of the company's stock, valued at approximately $66,000. Cambridge Investment Research Advisors Inc. owned about 0.56% of Gryphon Digital Mining at the end of the most recent quarter. 10.21% of the stock is currently owned by hedge funds and other institutional investors.
About Gryphon Digital Mining
(
Get Free Report)
Gryphon Digital Mining, Inc operates as a bitcoin mining company in the United States. It operates mining computers and ESG-led mining. The company was founded in 2020 and is based in Las Vegas, Nevada.
Recommended Stories
Before you consider Gryphon Digital Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gryphon Digital Mining wasn't on the list.
While Gryphon Digital Mining currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.