Stronghold Digital Mining Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $11.56 on 12/27/23, while the lowest price for the same period was registered at $1.65 on 04/16/24.
52-week price history of SDIG Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Stronghold Digital Mining Inc’s current trading price is -55.97% away from its 52-week high, while its distance from the 52-week low is 208.48%. The stock’s price range during this period has spanned from $1.65 to $11.56. In the Financial sector, the Stronghold Digital Mining Inc’s shares surpassed a trading volume of approximately 0.83 million for the day, which was noticeably lower compared to the average daily volume of 9.1.47 million over the past three months.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Market Capitalization and Financial Performance: An In-Depth Look
Stronghold Digital Mining Inc (SDIG) has experienced a quarterly rise of 87.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 85.97M and boasts a workforce of 115 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.15, with a change in price of +1.23. Similarly, Stronghold Digital Mining Inc recorded 1,206,764 in trading volume during the last 100 days, posting a change of +31.87%.
Examining SDIG’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for SDIG stands at 1.07. Similarly, the long-term debt-to-equity ratio is also 0.75.
SDIG Stock Stochastic Average
Today, Stronghold Digital Mining Inc’s raw stochastic average for the past 50 days stands at 66.15%, indicating a rise from the raw stochastic average of the last 20 days, which was 63.94%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 28.81% and 21.64% respectively.
SDIG Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -30.27%. However, over the past six months, we’ve seen a weaker performance of 70.81%. The price of SDIG fallen by 19.20% over the last 30 days. And in the last five days, it has fallen by -0.59%.
