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Greenidge Generation Holdings NasdaqGS:GREE Stock Report

Last Price

US$2.91

Market Cap

US$26.9m

7D

15.9%

1Y

1.7%

Updated

22 May, 2024

Data

Company Financials +

Greenidge Generation Holdings Inc.

NasdaqGS:GREE Stock Report

Market Cap: US$26.9m

GREE Stock Overview

Operates as an integrated cryptocurrency datacenter and power generation company.

GREE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

Greenidge Generation Holdings Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Greenidge Generation Holdings
Historical stock prices
Current Share PriceUS$2.91
52 Week HighUS$9.26
52 Week LowUS$1.55
Beta3.39
1 Month Change0.69%
3 Month Change-24.81%
1 Year Change1.75%
3 Year Changen/a
5 Year Changen/a
Change since IPO-99.33%

Recent News & Updates

Recent updates

Greenidge Generation Holdings Inc. (NASDAQ:GREE) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Nov 17
Greenidge Generation Holdings Inc. (NASDAQ:GREE) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Greenidge Generation Holdings Inc. (NASDAQ:GREE) Analysts Are More Bearish Than They Used To Be

Oct 12
Greenidge Generation Holdings Inc. (NASDAQ:GREE) Analysts Are More Bearish Than They Used To Be

Greenidge Generation dips 2.3% on CEO transition and prelim Q3 numbers

Oct 07

Greenidge Generation mines 301 bitcoins in August

Sep 12

Greenidge Grows Bitcoin Miner Count As Price Brakes Profits

Jul 18

Greenidge Generation mines 230 bitcoins in June, a M/M jump of 18%

Jul 11

These Analysts Just Made An Downgrade To Their Greenidge Generation Holdings Inc. (NASDAQ:GREE) EPS Forecasts

Jun 27
These Analysts Just Made An Downgrade To Their Greenidge Generation Holdings Inc. (NASDAQ:GREE) EPS Forecasts

Greenidge Generation: Capacity Increases In The Growing Cryptocurrency Market

Apr 05

Greenidge Generation: A Grossly Undervalued Bitcoin Mining Company

Dec 07

Shareholder Returns

GREEUS SoftwareUS Market
7D15.9%2.9%1.2%
1Y1.7%36.3%27.7%

Return vs Industry: GREE underperformed the US Software industry which returned 36.3% over the past year.

Return vs Market: GREE underperformed the US Market which returned 27.7% over the past year.

Price Volatility

Is GREE's price volatile compared to industry and market?
GREE volatility
GREE Average Weekly Movement13.3%
Software Industry Average Movement7.4%
Market Average Movement5.9%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market2.8%

Stable Share Price: GREE's share price has been volatile over the past 3 months.

Volatility Over Time: GREE's weekly volatility has decreased from 20% to 13% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
193740Jordan Kovlergreenidge.com

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.

Greenidge Generation Holdings Inc. Fundamentals Summary

How do Greenidge Generation Holdings's earnings and revenue compare to its market cap?
GREE fundamental statistics
Market capUS$26.88m
Earnings (TTM)-US$24.23m
Revenue (TTM)US$74.56m

0.4x

P/S Ratio

-1.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GREE income statement (TTM)
RevenueUS$74.56m
Cost of RevenueUS$53.59m
Gross ProfitUS$20.98m
Other ExpensesUS$45.21m
Earnings-US$24.23m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-2.47
Gross Margin28.13%
Net Profit Margin-32.50%
Debt/Equity Ratio-147.2%

How did GREE perform over the long term?

See historical performance and comparison
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