In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Soluna Holdings Inc (NASDAQ: SLNH) was $2.21 for the day, up 0.91% from the previous closing price of $2.19. In other words, the price has increased by $0.91 from its previous closing price. On the day, 0.63 million shares were traded. SLNH stock price reached its highest trading level at $2.33 during the session, while it also had its lowest trading level at $2.13.
Ratios:
Our analysis of SLNH’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.59 and its Current Ratio is at 0.59. In the meantime, Its Debt-to-Equity ratio is 1.25 whereas as Long-Term Debt/Eq ratio is at 0.40.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 10 ’24 when MICHAELS DAVID C sold 400 shares for $3.15 per share. The transaction valued at 1,260 led to the insider holds 176,491 shares of the business.
TOPOREK MICHAEL sold 574 shares of SLNH for $5,740 on Dec 11 ’24. The Director now owns 1,246,188 shares after completing the transaction at $10.00 per share. On Dec 10 ’24, another insider, TOPOREK MICHAEL, who serves as the Director of the company, sold 100 shares for $10.40 each. As a result, the insider received 1,040 and left with 1,246,762 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SLNH now has a Market Capitalization of 22300226 and an Enterprise Value of 67524192. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.59 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at 1.77 whereas that against EBITDA is 10.903.
Stock Price History:
The Beta on a monthly basis for SLNH is 3.02, which has changed by -0.330303 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, SLNH has reached a high of $8.80, while it has fallen to a 52-week low of $1.40. The 50-Day Moving Average of the stock is -24.24%, while the 200-Day Moving Average is calculated to be -37.83%.
Shares Statistics:
SLNH traded an average of 278.68K shares per day over the past three months and 538020 shares per day over the past ten days. A total of 7.65M shares are outstanding, with a floating share count of 7.48M. Insiders hold about 29.46% of the company’s shares, while institutions hold 3.79% stake in the company. Shares short for SLNH as of 1730332800 were 228904 with a Short Ratio of 1.12, compared to 1727654400 on 121782. Therefore, it implies a Short% of Shares Outstanding of 228904 and a Short% of Float of 4.02.
