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NASDAQ:GREE

Greenidge Generation (GREE) Stock Price, News & Analysis

$2.62
-0.22 (-7.75%)
(As of 05/31/2024 ET)
Today's Range
$2.56
$2.95
50-Day Range
$2.24
$3.50
52-Week Range
$1.55
$9.26
Volume
219,316 shs
Average Volume
144,604 shs
Market Capitalization
$25.70 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.00

Greenidge Generation MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
90.8% Upside
$5.00 Price Target
Short Interest
Healthy
3.07% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.61mentions of Greenidge Generation in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$88,413 Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($0.95) to ($1.36) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.65 out of 5 stars

Finance Sector

566th out of 883 stocks

Nondepository Credit Institutions Industry

25th out of 50 stocks

GREE stock logo

About Greenidge Generation Stock (NASDAQ:GREE)

Greenidge Generation Holdings Inc. operates as an integrated cryptocurrency datacenter and power generation company. The company owns and operates cryptocurrency datacenter in New York, as well as hosts, powers, and provides technical support and other related services to bitcoin mining equipment owned by customers. It also owns and operates a 106 MW nameplate capacity power generation facility. The company was founded in 1937 and is based in Fairfield, Connecticut.

GREE Stock Price History

GREE Stock News Headlines

7 Stocks to Buy Right After the April Bitcoin Halving
Greenidge Generation: Q4 Profit Beats Its Previous Guidance
Greenidge Generation Hldg Earnings Preview
Greenidge Generation Delays 4Q Results
See More Headlines
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Company Calendar

Today
6/01/2024
Next Earnings (Estimated)
6/03/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:GREE
Fax
N/A
Employees
40
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.00
High Stock Price Target
$5.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+90.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-29,510,000.00
Pretax Margin
-32.50%

Debt

Sales & Book Value

Annual Sales
$70.39 million
Book Value
($4.78) per share

Miscellaneous

Free Float
5,836,000
Market Cap
$25.70 million
Optionable
No Data
Beta
3.36
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GREE Stock Analysis - Frequently Asked Questions

Should I buy or sell Greenidge Generation stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Greenidge Generation in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" GREE shares.
View GREE analyst ratings
or view top-rated stocks.

What is Greenidge Generation's stock price target for 2024?

1 brokerages have issued 1 year price targets for Greenidge Generation's stock. Their GREE share price targets range from $5.00 to $5.00. On average, they expect the company's share price to reach $5.00 in the next twelve months. This suggests a possible upside of 90.8% from the stock's current price.
View analysts price targets for GREE
or view top-rated stocks among Wall Street analysts.

How have GREE shares performed in 2024?

Greenidge Generation's stock was trading at $6.71 at the beginning of the year. Since then, GREE stock has decreased by 61.0% and is now trading at $2.62.
View the best growth stocks for 2024 here
.

Are investors shorting Greenidge Generation?

Greenidge Generation saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 209,000 shares, a decline of 11.7% from the April 30th total of 236,700 shares. Based on an average daily trading volume, of 215,600 shares, the days-to-cover ratio is currently 1.0 days. Currently, 3.1% of the company's stock are short sold.
View Greenidge Generation's Short Interest
.

When is Greenidge Generation's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, June 3rd 2024.
View our GREE earnings forecast
.

When did Greenidge Generation's stock split?

Greenidge Generation's stock reverse split on Tuesday, May 16th 2023. The 1-10 reverse split was announced on Tuesday, May 16th 2023. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, May 16th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

How do I buy shares of Greenidge Generation?

Shares of GREE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:GREE) was last updated on 6/1/2024 by MarketBeat.com Staff

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