Let’s start up with the current stock price of Soluna Holdings Inc. (SLNH), which is $0.50 to be very precise. The Stock rose vividly during the last session to $0.53 after opening rate of $0.4103 while the lowest price it went was recorded $0.4001 before closing at $0.51.Recently in News on January 23, 2023, Soluna Steps Closer to Project Dorothy Revenue. Non-Dilutive Funding and Energization Plan in Motion. You can read further details here
Soluna Holdings Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $0.7653 on 01/23/23, with the lowest value was $0.2900 for the same time period, recorded on 01/03/23.
Soluna Holdings Inc. (SLNH) full year performance was -94.82%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Soluna Holdings Inc. shares are logging -95.79% during the 52-week period from high price, and 100.88% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.25 and $11.92.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 4486926 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Soluna Holdings Inc. (SLNH) recorded performance in the market was 95.36%, having the revenues showcasing -71.53% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 17.49M, as it employees total of 54 workers.
Specialists analysis on Soluna Holdings Inc. (SLNH)
During the last month, 1 analysts gave the Soluna Holdings Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 1 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.1895, with a change in the price was noted -2.57. In a similar fashion, Soluna Holdings Inc. posted a movement of -83.44% for the period of last 100 days, recording 198,088 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for SLNH is recording 0.37 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.06.
Trends and Technical analysis: Soluna Holdings Inc. (SLNH)
Raw Stochastic average of Soluna Holdings Inc. in the period of last 50 days is set at 33.98%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 50.47%. In the last 20 days, the company’s Stochastic %K was 61.78% and its Stochastic %D was recorded 62.73%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 95.36%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -89.96%, alongside a downfall of -94.82% for the period of the last 12 months. The shares increased approximately by -10.58% in the 7-day charts and went down by 60.28% in the period of the last 30 days. Common stock shares were lifted by -71.53% during last recorded quarter.