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.
In the latest session, Soluna Holdings Inc (NASDAQ: SLNH) closed at $0.64 down -28.66% from its previous closing price of $0.89. In other words, the price has decreased by -$28.66 from its previous closing price. On the day, 1.2 million shares were traded. SLNH stock price reached its highest trading level at $0.88 during the session, while it also had its lowest trading level at $0.52.
Ratios:
For a deeper understanding of Soluna Holdings Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 01 ’24 when TOPOREK MICHAEL sold 31,300 shares for $3.39 per share. The transaction valued at 106,107 led to the insider holds 110,700 shares of the business.
TOPOREK MICHAEL sold 20,600 shares of SLNH for $64,066 on Nov 04 ’24. The Director now owns 90,100 shares after completing the transaction at $3.11 per share. On Oct 31 ’24, another insider, TOPOREK MICHAEL, who serves as the Director of the company, sold 8,000 shares for $3.44 each. As a result, the insider received 27,520 and left with 142,000 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 9598710 and an Enterprise Value of 53480840. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 0.23. Its current Enterprise Value per Revenue stands at 1.341 whereas that against EBITDA is 44.163.
Stock Price History:
The Beta on a monthly basis for SLNH is 3.47, which has changed by -0.78006876 over the last 52 weeks, in comparison to a change of 0.077997446 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 $0.85. The 50-Day Moving Average of the stock is -54.90%, while the 200-Day Moving Average is calculated to be -80.63%.
Shares Statistics:
For the past three months, SLNH has traded an average of 549.02K shares per day and 318320 over the past ten days. A total of 7.65M shares are outstanding, with a floating share count of 7.63M. Insiders hold about 28.03% of the company’s shares, while institutions hold 14.30% stake in the company. Shares short for SLNH as of 1741910400 were 884081 with a Short Ratio of 1.61, compared to 1739491200 on 602828. Therefore, it implies a Short% of Shares Outstanding of 884081 and a Short% of Float of 10.67.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
