Soluna Holdings Inc (NASDAQ: SLNH) is 0.00% lower on its value in year-to-date trading and has touched a low of $1.40 and a high of $8.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SLNH stock was last observed hovering at around $1.93 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $2.10, the stock is -7.18% and -28.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.97 million and changing 8.81% at the moment leaves the stock -41.03% off its SMA200. SLNH registered -39.66% loss for a year compared to 6-month loss of -69.07%. The firm has a 50-day simple moving average (SMA 50) of $2.984 and a 200-day simple moving average (SMA200) of $3.5654.
The stock witnessed a -28.81% gain in the last 1 month and extending the period to 3 months gives it a -37.87%, and is -14.63% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.92% over the week and 12.80% over the month.
Soluna Holdings Inc (SLNH) has around 40 employees, a market worth around $21.18M and $39.87M in sales. Profit margin for the company is -94.28%. Distance from 52-week low is 50.00% and -76.14% from its 52-week high. The company has generated returns on investments over the last 12 months (-129.04%).
23.0 institutions hold shares in Soluna Holdings Inc (SLNH), with institutional investors hold 7.19% of the company’s shares. The shares outstanding are 7.65M, and float is at 7.12M with Short Float at 4.38%. Institutions hold 5.23% of the Float.
Soluna Holdings Inc (SLNH) Insider Activity
The most recent transaction is an insider sale by MICHAELS DAVID C, the company’s Director. SEC filings show that MICHAELS DAVID C sold 400 shares of the company’s common stock on Dec 10 ’24 at a price of $3.15 per share for a total of $1260.0. Following the sale, the insider now owns 0.18 million shares.
Soluna Holdings Inc disclosed in a document filed with the SEC on Dec 11 ’24 that TOPOREK MICHAEL (Director) sold a total of 574 shares of the company’s common stock. The trade occurred on Dec 11 ’24 and was made at $10.00 per share for $5740.0. Following the transaction, the insider now directly holds 1.25 million shares of the SLNH stock.
Still, SEC filings show that on Dec 10 ’24, TOPOREK MICHAEL (Director) disposed off 100 shares at an average price of $10.40 for $1040.0. The insider now directly holds 1,246,762 shares of Soluna Holdings Inc (SLNH).
