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NASDAQ: GRDI
Griid Infrastructure Inc Stock

$0.56-0.07 (-11.11%)
Updated Jun 18, 2024
GRDI Price
$0.56
Fair Value Price
N/A
Market Cap
$39.97M
52 Week Low
$0.56
52 Week High
$12.39
P/E
N/A
P/B
-0.66x
P/S
5.5x
PEG
N/A
Dividend Yield
N/A
Revenue
$16.23M
Earnings
-$3.78M
Gross Margin
35%
Operating Margin
168.1%
Profit Margin
-23.3%
Debt to Equity
-1.7
Operating Cash Flow
-$30M
Beta
-0.03
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

GRDI Overview

Adit EdTech Acquisition Corp. is a "blank check" company formed to effect mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar combinations with one or more businesses. The company targets the education, training, and education technology sectors. The company was incorporated in 2020 and is based in New York, NY.

Zen Score

Industry Average (30)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how GRDI scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

GRDI's cash and short-term investments ($1.85M) cannot cover GRDI's cash burn for the next year (N/A), even if decreasing cash burn (N/A) is accounted for
Interest Coverage Financials
GRDI's profit margin has increased (+367.5%) in the last year from (-390.8%) to (-23.3%), and is approaching profitability
Profit Margin Growth Financials
GRDI's short-term liabilities ($21.68M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
There are 30 more GRDI due diligence checks available for Premium users.

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GRDI News

Valuation

GRDI price to earnings (PE)

For valuing profitable companies with steady earnings
Company
0x
Industry
10.27x
Market
31.44x

GRDI price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
-0.66x
Industry
1.91x

GRDI's financial health

Profit margin

Revenue
$5.8M
Net Income
-$6.5M
Profit Margin
-111.3%
GRDI's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
GRDI's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$42.2M
Liabilities
$102.8M
Debt to equity
-1.7
GRDI's short-term liabilities ($21.68M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
GRDI's long-term liabilities ($81.14M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
GRDI's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
GRDI's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$9.2M
Investing
$2.6M
Financing
$4.4M
GRDI's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

GRDI vs Capital Market Stocks

TickerMarket Cap1d %P/EP/B
GRDI$39.97M-10.69%N/A-0.66x
GRYP$49.09M-2.34%-0.05x-3.96x
MIGI$30.31M-6.49%-0.41x2.33x
BTOG$26.82M+6.67%-0.52x3.00x
SDIG$58.26M-5.96%-2.12x0.94x

Griid Infrastructure Stock FAQ

What is Griid Infrastructure's quote symbol?

(NASDAQ: GRDI) Griid Infrastructure trades on the NASDAQ under the ticker symbol GRDI. Griid Infrastructure stock quotes can also be displayed as NASDAQ: GRDI.

If you're new to stock investing, here's how to buy Griid Infrastructure stock.

What is the 52 week high and low for Griid Infrastructure (NASDAQ: GRDI)?

(NASDAQ: GRDI) Griid Infrastructure's 52-week high was $12.39, and its 52-week low was $0.56. It is currently -95.48% from its 52-week high and at its 52-week low.

How much is Griid Infrastructure stock worth today?

(NASDAQ: GRDI) Griid Infrastructure currently has 71,375,909 outstanding shares. With Griid Infrastructure stock trading at $0.56 per share, the total value of Griid Infrastructure stock (market capitalization) is $39.97M.

Griid Infrastructure stock was originally listed at a price of $10.34 in Jan 12, 2021. If you had invested in Griid Infrastructure stock at $10.34, your return over the last 3 years would have been -94.58%, for an annualized return of -62.17% (not including any dividends or dividend reinvestments).

How much is Griid Infrastructure's stock price per share?

(NASDAQ: GRDI) Griid Infrastructure stock price per share is $0.56 today (as of Jun 18, 2024).

What is Griid Infrastructure's Market Cap?

(NASDAQ: GRDI) Griid Infrastructure's market cap is $39.97M, as of Jun 20, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Griid Infrastructure's market cap is calculated by multiplying GRDI's current stock price of $0.56 by GRDI's total outstanding shares of 71,375,909.
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