Soluna Holdings Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $10.38 on 03/23/23, and the lowest price during that time was $2.09, recorded on 11/01/23.
52-week price history of SLNH Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Soluna Holdings Inc’s current trading price is -65.69% away from its 52-week high, while its distance from the 52-week low is 70.33%. The stock’s price range for this period has remained between $2.09 and $10.38. The Technology sector company’s shares managed to surpass a trading volume of around 1.09 million for the day, which was noticeably higher compared to the shares’ average daily volume of 0.12 million over the last three months.
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Financial Performance and Market Capitalization
Soluna Holdings Inc (SLNH) has experienced a quarterly rise of 10.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.73M and boasts a workforce of 32 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.32, with a change in price of +0.35. Similarly, Soluna Holdings Inc recorded 151,949 in trading volume during the last 100 days, posting a change of +10.95%.
SLNH Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for SLNH stands at 0.74. Similarly, the long-term debt-to-equity ratio is also 0.05.
SLNH Stock Stochastic Average
As of today, the raw stochastic average of Soluna Holdings Inc over the last 50 days is at 45.02%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 32.35%. Further, the company’s Stochastic %K and %D values for the last 20 days were 20.53% and 17.17%, respectively.
SLNH Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The metric has seen a significant loss of -11.00% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -30.87%. Over the past 30 days, the price of SLNH has fallen by 14.84%. And in the last five days, it has surged by 2.89%.
