In the past week, SLNH stock has gone up by 16.01%, with a monthly decline of -11.97% and a quarterly surge of 36.61%. The volatility ratio for the week is 25.05%, and the volatility levels for the last 30 days are 17.84% for Soluna Holdings Inc. The simple moving average for the past 20 days is 1.96% for SLNH’s stock, with a -17.09% simple moving average for the past 200 days.
Is It Worth Investing in Soluna Holdings Inc. (NASDAQ: SLNH) Right Now?
and a 36-month beta value of 2.41. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The average price predicted for Soluna Holdings Inc. (SLNH) by analysts is $9.60, The public float for SLNH is 30.77M, and at present, short sellers hold a 1.65% of that float. On September 18, 2023, the average trading volume of SLNH was 704.63K shares.
SLNH) stock’s latest price update
The stock price of Soluna Holdings Inc. (NASDAQ: SLNH) has jumped by 28.21 compared to previous close of 0.19. Despite this, the company has seen a gain of 16.01% in its stock price over the last five trading days. PennyStocks reported 2023-07-26 that Today’s penny stock market is brimming with high-volatility stocks. That especially relates to those that fall into the category of the cheapest penny stocks.
SLNH Trading at -3.70% from the 50-Day Moving Average
After a stumble in the market that brought SLNH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -88.45% of loss for the given period.
Volatility was left at 17.84%, however, over the last 30 days, the volatility rate increased by 25.05%, as shares sank -3.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.44% upper at present.
During the last 5 trading sessions, SLNH rose by +16.01%, which changed the moving average for the period of 200-days by -66.68% in comparison to the 20-day moving average, which settled at $0.2447. In addition, Soluna Holdings Inc. saw -4.18% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SLNH
Current profitability levels for the company are sitting at:
- -128.45 for the present operating margin
- -27.88 for the gross margin
The net margin for Soluna Holdings Inc. stands at -373.55. The total capital return value is set at -43.48, while invested capital returns managed to touch -160.14.
Based on Soluna Holdings Inc. (SLNH), the company’s capital structure generated 54.65 points at debt to equity in total, while total debt to capital is 35.34. Total debt to assets is 26.93, with long-term debt to equity ratio resting at 0.20. Finally, the long-term debt to capital ratio is 0.13.
When we switch over and look at the enterprise to sales, we see a ratio of 1.91, with the company’s debt to enterprise value settled at 0.78. The receivables turnover for the company is 67.09 and the total asset turnover is 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.16.
To sum up, Soluna Holdings Inc. (SLNH) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.