Greenidge Generation Holdings Inc's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 44/72 in the Financial Technology (Fintech) & Infrastructure industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 4.00.In the medium term, the stock price is expected to remain stable.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Greenidge Generation Holdings Inc's Score
Industry at a Glance
Industry Ranking
44 / 72
Overall Ranking
273 / 4582
Industry
Financial Technology (Fintech) & Infrastructure
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
1
analysts
Buy
Current Rating
4.000
Target Price
+129.89%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Greenidge Generation Holdings Inc Highlights
StrengthsRisks
Greenidge Generation Holdings Inc. is a vertically integrated cryptocurrency datacenter and power generation company. It is focused on cryptocurrency mining, infrastructure development, engineering, procurement, construction management, operations, and maintenance of sites. It owns and operates a facility in Torrey, New York (the New York Facility). The New York Facility is a vertically integrated cryptocurrency datacenter and power generation facility with an approximately 106-megawatt nameplate capacity, natural gas power generation facility. It provides hosting, power, and technical support services to third party owned bitcoin mining equipment. Its cryptocurrency datacenter operations earn bitcoin as rewards and transaction fees for supporting the global bitcoin network with application-specific integrated circuit computers owned or leased by the Company. Its datacenter operations in New York are powered by electricity generated directly by its power plant.
Growing
The company is in a growing phase, with the latest annual income totaling USD 59.53M.
Fairly Valued
The company’s latest PB is -0.54, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 1.79M shares, decreasing 25.06% quarter-over-quarter.
Greenidge Generation Holdings Inc. is a vertically integrated cryptocurrency datacenter and power generation company. It is focused on cryptocurrency mining, infrastructure development, engineering, procurement, construction management, operations, and maintenance of sites. It owns and operates a facility in Torrey, New York (the New York Facility). The New York Facility is a vertically integrated cryptocurrency datacenter and power generation facility with an approximately 106-megawatt nameplate capacity, natural gas power generation facility. It provides hosting, power, and technical support services to third party owned bitcoin mining equipment. Its cryptocurrency datacenter operations earn bitcoin as rewards and transaction fees for supporting the global bitcoin network with application-specific integrated circuit computers owned or leased by the Company. Its datacenter operations in New York are powered by electricity generated directly by its power plant.
Ticker SymbolGREE
CompanyGreenidge Generation Holdings Inc
CEOKovler (Jordan)
Websitehttps://greenidge.com/
FAQs
What is the current price of Greenidge Generation Holdings Inc (GREE)?
The current price of Greenidge Generation Holdings Inc (GREE) is 1.690.
What is the symbol of Greenidge Generation Holdings Inc?
The ticker symbol of Greenidge Generation Holdings Inc is GREE.
What is the 52-week high of Greenidge Generation Holdings Inc?
The 52-week high of Greenidge Generation Holdings Inc is 2.420.
What is the 52-week low of Greenidge Generation Holdings Inc?
The 52-week low of Greenidge Generation Holdings Inc is 0.580.
What is the market capitalization of Greenidge Generation Holdings Inc?
The market capitalization of Greenidge Generation Holdings Inc is 26.50M.
What is the net income of Greenidge Generation Holdings Inc?
The net income of Greenidge Generation Holdings Inc is -19.79M.
Is Greenidge Generation Holdings Inc (GREE) currently rated as Buy, Hold, or Sell?
According to analysts, Greenidge Generation Holdings Inc (GREE) has an overall rating of Buy, with a price target of 4.000.
What is the Earnings Per Share (EPS TTM) of Greenidge Generation Holdings Inc (GREE)?
The Earnings Per Share (EPS TTM) of Greenidge Generation Holdings Inc (GREE) is -0.150.