Soluna Holdings Inc (NASDAQ: SLNH) is -85.89% lower on its value in year-to-date trading and has touched a low of $0.36 and a high of $6.98 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 $0.86 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.85, the stock is 33.48% and 19.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.29 million and changing -1.19% at the moment leaves the stock -55.09% off its SMA200. SLNH registered -59.76% loss for a year compared to 6-month loss of -64.50%. The firm has a 50-day simple moving average (SMA 50) of $0.7068 and a 200-day simple moving average (SMA200) of $1.8819.
The stock witnessed a 34.13% gain in the last 1 month and extending the period to 3 months gives it a 83.70%, and is 39.67% up 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 15.53% over the week and 10.62% over the month.
Soluna Holdings Inc (SLNH) has around 48 employees, a market worth around $15.39M and $31.41M in sales. Profit margin for the company is -253.05%. Distance from 52-week low is 134.46% and -87.89% from its 52-week high.
22.0 institutions hold shares in Soluna Holdings Inc (SLNH), with institutional investors hold 19.00% of the company’s shares. The shares outstanding are 12.51M, and float is at 10.18M with Short Float at 11.43%. Institutions hold 12.37% of the Float.
The top institutional shareholder in the company is TRINITYPOINT WEALTH, LLC with over 29100.0 shares valued at $0.18 million. The investor’s holdings represent 0.6376 of the SLNH Shares outstanding. As of 2024-06-30, the second largest holder is GEODE CAPITAL MANAGEMENT, LLC with 21887.0 shares valued at $0.13 million to account for 0.4796 of the shares outstanding. The other top investors are COASTAL BRIDGE ADVISORS, LLC which holds 10000.0 shares representing 0.2191 and valued at over $60900.0, while TOWER RESEARCH CAPITAL LLC (TRC) holds 0.0546 of the shares totaling 2494.0 with a market value of $15188.0.
Soluna Holdings Inc (SLNH) Insider Activity
The most recent transaction is an insider purchase by Tunison John, the company’s Chief Financial Officer. SEC filings show that Tunison John bought 1,000 shares of the company’s common stock on Jun 10 ’25 at a price of $2.80 per share for a total of $2800.0. Following the purchase, the insider now owns 26000.0 shares.
Soluna Holdings Inc disclosed in a document filed with the SEC on Jun 12 ’25 that Tunison John (Chief Financial Officer) bought a total of 1,000 shares of the company’s common stock. The trade occurred on Jun 12 ’25 and was made at $2.48 per share for $2480.0. Following the transaction, the insider now directly holds 27000.0 shares of the SLNH stock.
Still, SEC filings show that on Jun 10 ’25, Phelan William P (Director) disposed off 10,000 shares at an average price of $2.98 for $29800.0. The insider now directly holds 175,421 shares of Soluna Holdings Inc (SLNH).
