KD Logo

Insider Sale Alert: Gryphon Digital Mining Inc [GRYP] – Is it Time to sell?

Gryphon Digital Mining Inc’s recently made public that its Director Kaiser Brittany unloaded Company’s shares for reported $0.21 million on Jan 08 ’25. In the deal valued at $0.35 per share,604,581 shares were sold. As a result of this transaction, Kaiser Brittany now holds 604,581 shares worth roughly $0.27 million.

Then, Salzman Simeon sold 55,595 shares, generating $66,158 in total proceeds. Upon selling the shares at $1.19, the Chief Financial Officer now owns 169,423 shares.

Before that, GUTTERMAN STEVEN D. sold 14,035 shares. Gryphon Digital Mining Inc shares valued at $17,684 were divested by the Director at a price of $1.26 per share. As a result of the transaction, GUTTERMAN STEVEN D. now holds 14,035 shares, worth roughly $6315.75.

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 Friday, Gryphon Digital Mining Inc [NASDAQ:GRYP] saw its stock jump 19.72% to $0.45. Over the last five days, the stock has gained 13.13%. Gryphon Digital Mining Inc shares have risen nearly 12.70% since the year began. Nevertheless, the stocks have fallen -93.55% over the past one year. While a 52-week high of $8.43 was reached on 01/10/25, a 52-week low of $0.35 was recorded on 01/08/25. SMA at 50 days reached $0.5814, while 200 days put it at $0.9223.

Levels Of Support And Resistance For GRYP Stock

The 24-hour chart illustrates a support level at 0.3461, which if violated will result in even more drops to 0.2406. On the upside, there is a resistance level at 0.5656. A further resistance level may holdings at 0.6796. The Relative Strength Index (RSI) on the 14-day chart is 45.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0130, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.83%. Stochastics %K at 24.39% indicates the stock is a holding.

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.

Most Popular