Gryphon Digital Mining Inc’s filing revealed that its Chief Financial Officer Salzman Simeon unloaded Company’s shares for reported $66158.0 on Jun 21 ’24. In the deal valued at $1.19 per share,55,595 shares were sold. As a result of this transaction, Salzman Simeon now holds 169,423 shares worth roughly $72851.89.
Then, GUTTERMAN STEVEN D. sold 14,035 shares, generating $17,684 in total proceeds. Upon selling the shares at $1.26, the Director now owns 14,035 shares.
H.C. Wainwright initiated its Gryphon Digital Mining Inc [GRYP] rating to a Neutral in a research note published recently. A number of analysts have revised their coverage, including Lake Street’s analysts, who began to cover the stock in late July with a ‘”a Buy”‘ rating. Alliance Global Partners began covering GRYP with “Buy” recommendation on December 19, 2019.
Price Performance Review of GRYP
On Tuesday, Gryphon Digital Mining Inc [NASDAQ:GRYP] saw its stock jump 0.56% to $0.43. Over the last five days, the stock has lost -8.81%. Gryphon Digital Mining Inc shares have fallen nearly -95.00% since the year began. Nevertheless, the stocks have fallen -93.21% over the past one year. While a 52-week high of $10.30 was reached on 01/02/24, a 52-week low of $0.38 was recorded on 12/18/24. SMA at 50 days reached $0.6244, while 200 days put it at $0.9775.
Levels Of Support And Resistance For GRYP Stock
The 24-hour chart illustrates a support level at 0.4158, which if violated will result in even more drops to 0.4023. On the upside, there is a resistance level at 0.4371. A further resistance level may holdings at 0.4449. The Relative Strength Index (RSI) on the 14-day chart is 36.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0914, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.72%. Stochastics %K at 15.68% indicates the stock is a buying.
How much short interest is there in Gryphon Digital Mining Inc?
A steep rise in short interest was recorded in Gryphon Digital Mining Inc stocks on 2024-10-31, growing by 0.18 million shares to a total of 0.26 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 77469.0 shares. There was a rise of 69.82%, which implies that there is a positive sentiment for the stock.
