In the last trading session, 40.13 million shares of the Greenidge Generation Holdings Inc (NASDAQ:GREE) were traded, and its beta was 3.04. Most recently the company’s share price was $2.67, and it changed around $0.2 or 8.10% from the last close, which brings the market valuation of the company to $32.20M. GREE currently trades at a discount to its 52-week high of $9.26, offering almost -246.82% off that amount. The share price’s 52-week low was $1.62, which indicates that the current value has risen by an impressive 39.33% since then. We note from Greenidge Generation Holdings Inc’s average daily trading volume that its 10-day average is 4.89 million shares, with the 3-month average coming to 306.41K.
Greenidge Generation Holdings Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended GREE as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Greenidge Generation Holdings Inc is expected to report earnings per share of -0.57 for the current quarter.
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Greenidge Generation Holdings Inc (NASDAQ:GREE) trade information
Instantly GREE has showed a green trend with a performance of 8.10% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 3.84 on recent trading dayincreased the stock’s daily price by 30.47%. The company’s shares are currently down -60.21% year-to-date, but still up 18.67% over the last five days. On the other hand, Greenidge Generation Holdings Inc (NASDAQ:GREE) is 21.92% up in the 30-day period. We can see from the shorts that 0.45 million shares have been sold at a short interest cover period of 2.97 day(s).
Greenidge Generation Holdings Inc (GREE) estimates and forecasts
Greenidge Generation Holdings Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 8.10 percent over the past six months and at a 57.71% annual growth rate that is well above the industry average of 9.60%. The year-over-year growth rate is expected to be -9.98%, down from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 13.6M in revenue for the current quarter. 1 analysts expect Greenidge Generation Holdings Inc to make 63.1M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 19.64M and 70.39M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -30.76%. Forecasts for the next quarter put sales growth at -10.35%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 36.24%.
GREE Dividends
Greenidge Generation Holdings Inc’s next quarterly earnings report is expected to be released in December.
Greenidge Generation Holdings Inc (NASDAQ:GREE)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.44% of Greenidge Generation Holdings Inc shares, and 6.29% of them are in the hands of institutional investors. The stock currently has a share float of 6.38%.
