Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) Stock Price Up 1.7% – Time to Buy?

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL)’s share price traded up 1.7% during mid-day trading on Friday . The company traded as high as $10.50 and last traded at $10.50. 5,662 shares were traded during trading, a decline of 28% from the average session volume of 7,843 shares. The stock had previously closed at $10.32.

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

The stock’s 50-day moving average is $9.54 and its 200-day moving average is $9.83.

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

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th were issued a $0.5313 dividend. This represents a $2.13 annualized dividend and a yield of 20.24%. The ex-dividend date was Tuesday, October 15th.

About Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026

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.