Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) Trading Down 0.3% – Time to Sell?

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL)’s stock price traded down 0.3% during mid-day trading on Thursday . The company traded as low as $7.93 and last traded at $7.93. 978 shares were traded during mid-day trading, a decline of 84% from the average session volume of 6,201 shares. The stock had previously closed at $7.95.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Price Performance

The business has a 50 day simple moving average of $7.42 and a 200-day simple moving average of $8.69.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th were paid a $0.5313 dividend. The ex-dividend date of this dividend was Tuesday, April 15th. This represents a $2.13 dividend on an annualized basis and a yield of 26.80%.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Company Profile

Greenidge Generation Holdings Inc operates as an integrated cryptocurrency datacenter and power generation company. The company owns and operates cryptocurrency datacenters in New York and South Carolina. It also owns and operates a 106 MW power generation facility. The company was founded in 1937 and is based in Fairfield, Connecticut.