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Soluna Holdings Inc (NASDAQ: SLNH) closed the day trading at $1.93 down -3.50% from the previous closing price of $2.00. In other words, the price has decreased by -$3.50 from its previous closing price. On the day, 1.72 million shares were traded. SLNH stock price reached its highest trading level at $2.201 during the session, while it also had its lowest trading level at $1.88.
Ratios:
For a better understanding of SLNH, let’s look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 19474858 and an Enterprise Value of 67524192. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 0.71. 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 -0.38837922 over the last 52 weeks, in comparison to a change of 0.23147523 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 -35.32%, while the 200-Day Moving Average is calculated to be -45.87%.
Shares Statistics:
Over the past 3-months, SLNH traded about 242.67K shares per day on average, while over the past 10 days, SLNH traded about 236700 shares per day. A total of 7.65M shares are outstanding, with a floating share count of 6.51M. Insiders hold about 35.51% of the company’s shares, while institutions hold 3.98% stake in the company. Shares short for SLNH as of 1730332800 were 228904 with a Short Ratio of 1.29, compared to 1727654400 on 121782. Therefore, it implies a Short% of Shares Outstanding of 228904 and a Short% of Float of 4.02.
