Greenidge Generation (NASDAQ:GREE – Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday.
Greenidge Generation Trading Down 6.7%
Greenidge Generation stock opened at $1.39 on Friday. Greenidge Generation has a 12-month low of $0.58 and a 12-month high of $3.84. The firm has a 50 day simple moving average of $1.12 and a 200-day simple moving average of $1.31.
Greenidge Generation (NASDAQ:GREE – Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The company reported ($0.40) EPS for the quarter.
Insider Buying and Selling at Greenidge Generation
Hedge Funds Weigh In On Greenidge Generation
Several institutional investors and hedge funds have recently added to or reduced their stakes in GREE. Ground Swell Capital LLC acquired a new position in Greenidge Generation during the first quarter valued at $25,000. Virtu Financial LLC acquired a new stake in Greenidge Generation during the 1st quarter worth about $40,000. Finally, Soviero Asset Management LP purchased a new position in Greenidge Generation during the 4th quarter valued at about $389,000. 8.50% of the stock is currently owned by hedge funds and other institutional investors.
About Greenidge Generation
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.
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