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An In-Depth Look at Greenidge Generation Holdings Inc Inc. (GREE) Price Performance During Market Crashes

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The index has shown a price loss of -47.84% this year. Over the last six months, there has been a stronger performance of -7.89%. The price of GREE leaped by -10.03% during the last 30 days period. For the last 5-days stocks have slided -0.28%.

Greenidge Generation Holdings Inc’s stock market performance has been somewhat irregular. The 1-year high for the company’s stock was recorded at $9.26 on 12/27/23, with the lowest value being $1.55 on 06/13/23.

52-week price history of GREE Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Greenidge Generation Holdings Inc’s current trading price is -62.20% away from its 52-week high, while its distance from the 52-week low is 125.81%. The stock’s price range over this timeframe has been between $1.55 and $9.26. The shares of the Financial sector company recorded a trading volume of approximately 0.27 million for the day, which was comparatively lower than the average daily volume of 0.42 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Greenidge Generation Holdings Inc (GREE) has experienced a quarterly decline of -58.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 25.76M and boasts a workforce of 347 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 4.62, with a change in price of -2.38. Similarly, Greenidge Generation Holdings Inc recorded 415,608 in trading volume during the last 100 days, posting a change of -40.48%.

GREE Stock Stochastic Average

The raw stochastic average for Greenidge Generation Holdings Inc over the last 50 days is presently at 15.95%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 28.46%. Further, the company’s Stochastic %K and %D values for the last 20 days were 21.19% and 16.82%, respectively.