In Tuesday’s Wall Street session, Gryphon Digital Mining Inc (NASDAQ:GRYP) shares traded at $1.28, down -9.86% from the previous session.
GRYP stock price is now 386.00% away from the 50-day moving average and 165.84% away from the 200-day moving average. The market capitalization of the company currently stands at $88.76M.
On July 23, 2021, Lake Street recently initiated its ‘Buy’ rating on the stock quoting a target price of $8, while ‘Alliance Global Partners’ rates the stock as ‘Buy’
In other news, Vaiopoulos Demetrios, Director bought 48,412 shares of the company’s stock on Jan 13 ’25. The stock was bought for $18,881 at an average price of $0.39. Upon completion of the transaction, the Director now directly owns 48,412 shares in the company, valued at $61967.36. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 13 ’25, Director Kaiser Brittany bought 96,824 shares of the business’s stock. A total of $37,761 was incurred on buying the stock at an average price of $0.39. This leaves the insider owning 96,824 shares of the company worth $0.12 million. A total of 33.04% of the company’s stock is owned by insiders.
During the past 12 months, Gryphon Digital Mining Inc has had a low of $0.13 and a high of $2.93.
The company reported revenue of $3.85 million for the quarter, compared to $6.09 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -36.85 percent.
