Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Gryphon Digital Mining Inc shares valued at $66,158 were sold by Salzman Simeon on Jun 21 ’24. At $1.19 per share, Salzman Simeon sold 55,595 shares. The insider’s holdings dropped to 169,423 shares worth approximately $0.12 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, GUTTERMAN STEVEN D. sold 14,035 shares, netting a total of over 17,684 in proceeds. Following the sale of shares at $1.26 each, the insider now holds 14,035 shares.
As published in their initiating research note from H.C. Wainwright on July 30, 2024, Gryphon Digital Mining Inc [GRYP] has been a Neutral. Analysts at Lake Street started covering the stock with ‘”a Buy”‘ outlook in a report released in late July. As of December 19, 2019, Alliance Global Partners has initiated its “Buy” rating for GRYP.
Analyzing GRYP Stock Performance
During the last five days, there has been a surge of approximately 6.99%. Over the course of the year, Gryphon Digital Mining Inc shares have dropped approximately -92.15%. Shares of the company reached a 52-week high of $9.0000 on 01/02/24 and a 52-week low of $0.3830 on 09/09/24. A 50-day SMA is recorded $0.6431, while a 200-day SMA reached $1.0951.
Support And Resistance Levels for Gryphon Digital Mining Inc (GRYP)
According to the 24-hour chart, there is a support level at 0.6425, which, if violated, would cause prices to drop to 0.6022. In the upper region, resistance lies at 0.7220. The next price resistance is at 0.7612. RSI (Relative Strength Index) is 51.35 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0082, which suggests the price will decrease in the coming days. Percent R is at 62.61%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.