Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Gryphon Digital Mining Inc’s current trading price is -95.51% away from its 52-week high, while its distance from the 52-week low is 7.87%. The stock’s price range during this period has varied between $0.35 and $8.43. The company, active in the Financial sector, saw a trading volume of around 1.47 million for the day, considerably lower average daily volume of 2.86 million observed over the last three months.
Gryphon Digital Mining Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $8.43 on 02/09/24, while the lowest price during the same period was $0.35 on 12/31/24.
How Financial Performance Impacts Market Capitalization
Gryphon Digital Mining Inc (GRYP) has experienced a quarterly decline of -43.14% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 26.10M and boasts a workforce of 3 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5663, with a change in price of -0.3265. Similarly, Gryphon Digital Mining Inc recorded 1,868,644 in trading volume during the last 100 days, posting a change of -45.77%.
GRYP Stock Stochastic Average
As of today, the raw stochastic average of Gryphon Digital Mining Inc over the last 50 days is at 4.82%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 16.16%. Further, the company’s Stochastic %K and %D values for the last 20 days were 23.40% and 29.65%, respectively.
GRYP Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -5.59%. However, over the past six months, we’ve seen a stronger performance of -62.91%. The price of GRYP leaped by -17.87% over the last 30 days. And in the last five days, it has fallen by -12.63%.
