Greenidge Generation Holdings Stock Today

GREE Stock  USD 0.88  0.01  1.12%   

Performance

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Odds Of Distress

Dangerous

 
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Greenidge Generation is trading at 0.88 as of the 25th of March 2025, a 1.12 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.84. Greenidge Generation has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 25th of December 2024 and ending today, the 25th of March 2025. Click here to learn more.
Business Domain
Financial Services
IPO Date
14th of September 2021
Classification
Financials
Greenidge Generation Holdings Inc. operates as an integrated cryptocurrency datacenter and power generation company. The company was founded in 1937 and is based in Fairfield, Connecticut. Greenidge Generations operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. The company has 7.94 M outstanding shares of which 785.14 K shares are currently shorted by private and institutional investors with about 2.97 trading days to cover. More on Greenidge Generation Holdings

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Greenidge Stock Highlights

CEO DirectorJordan Kovler
Business ConcentrationAsset Management & Custody Banks, Financial Services, NASDAQ Composite, Financials, Capital Markets, Capital Markets, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.751.14
Way Down
Slightly volatile
Net Debt46.2 M63.7 M
Way Down
Slightly volatile
Total Current Liabilities40 M24.1 M
Way Up
Slightly volatile
Non Current Liabilities Total71.3 M116.4 M
Way Down
Slightly volatile
Total Assets153.7 M81.9 M
Way Up
Slightly volatile
Total Current Assets42.2 M28.1 M
Way Up
Slightly volatile
Debt Levels
Greenidge Generation can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Greenidge Generation's financial leverage. It provides some insight into what part of Greenidge Generation's total assets is financed by creditors.
Liquidity
Greenidge Generation Holdings currently holds 68.71 M in liabilities with Debt to Equity (D/E) ratio of 1.6, which is about average as compared to similar companies. Greenidge Generation has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Greenidge Generation's use of debt, we should always consider it together with its cash and equity.

Change In Cash

(1.63 Million)
Greenidge Generation Holdings (GREE) is traded on NASDAQ Exchange in USA. It is located in 135 Rennell Drive, Fairfield, CT, United States, 06890 and employs 40 people. Greenidge Generation is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 28.6 M. Greenidge Generation conducts business under Capital Markets sector and is part of Financials industry. The entity has 7.94 M outstanding shares of which 785.14 K shares are currently shorted by private and institutional investors with about 2.97 trading days to cover. Greenidge Generation Holdings currently holds about 66.38 M in cash with (12.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.58, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Greenidge Generation Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Greenidge Generation is $28.6 Million. Roughly 92.29 (percent) of Greenidge Generation outstanding shares are held by general public with 1.43 % owned by insiders and only 6.28 pct. by outside corporations. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Greenidge Ownership Details

Greenidge Stock Institutional Holders

InstituionRecorded OnShares
Sbi Securities Co Ltd2024-12-31
2.9 K
U.s. Bancorp2024-12-31
K
R Squared Ltd2024-12-31
1000
Tower Research Capital Llc2024-12-31
867
Bnp Paribas Arbitrage, Sa2024-12-31
263
Bank Of America Corp2024-12-31
88.0
Ancora Advisors Llc2024-12-31
44.0
Ameritas Investment Partners, Inc2024-12-31
5.0
Advisor Group Holdings, Inc.2024-12-31
2.0
Soviero Asset Management, Lp2024-12-31
251.1 K
Vanguard Group Inc2024-12-31
230 K
View Greenidge Generation Diagnostics

Greenidge Generation Historical Income Statement

At present, Greenidge Generation's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 84.3 M, whereas Interest Expense is forecasted to decline to about 8.6 M. View More Fundamentals

Greenidge Stock Against Markets

Greenidge Generation Corporate Management

When determining whether Greenidge Generation is a strong investment it is important to analyze Greenidge Generation's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Greenidge Generation's future performance. For an informed investment choice regarding Greenidge Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenidge Generation Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Greenidge Generation. If investors know Greenidge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Greenidge Generation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.17)
Revenue Per Share
8.49
Quarterly Revenue Growth
(0.11)
Return On Assets
(0.09)
Return On Equity
(13.71)
The market value of Greenidge Generation is measured differently than its book value, which is the value of Greenidge that is recorded on the company's balance sheet. Investors also form their own opinion of Greenidge Generation's value that differs from its market value or its book value, called intrinsic value, which is Greenidge Generation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Greenidge Generation's market value can be influenced by many factors that don't directly affect Greenidge Generation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Greenidge Generation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenidge Generation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenidge Generation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.