Company’s 36-month beta value is 3.00.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for SDIG is 12.68M, and currently, short sellers hold a 3.74% ratio of that floaft. The average trading volume of SDIG on January 03, 2025 was 551.36K shares.
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SDIG) stock’s latest price update
Stronghold Digital Mining Inc (NASDAQ: SDIG)’s stock price has soared by 10.29 in relation to previous closing price of 3.50. Nevertheless, the company has seen a loss of -4.22% in its stock price over the last five trading days. zacks.com reported 2024-11-13 that Stronghold Digital Mining, Inc. (SDIG) came out with a quarterly loss of $1.12 per share versus the Zacks Consensus Estimate of a loss of $0.62. This compares to loss of $0.05 per share a year ago.
SDIG’s Market Performance
Stronghold Digital Mining Inc (SDIG) has experienced a -4.22% fall in stock performance for the past week, with a -22.18% drop in the past month, and a -18.05% drop in the past quarter. The volatility ratio for the week is 7.04%, and the volatility levels for the past 30 days are at 8.43% for SDIG. The simple moving average for the past 20 days is -14.46% for SDIG’s stock, with a -4.17% simple moving average for the past 200 days.
Analysts’ Opinion of SDIG
Many brokerage firms have already submitted their reports for SDIG stocks, with Cowen repeating the rating for SDIG by listing it as a “Market Perform.” The predicted price for SDIG in the upcoming period, according to Cowen is $2.25 based on the research report published on August 18, 2022 of the previous year 2022.
SDIG Trading at -20.35% from the 50-Day Moving Average
After a stumble in the market that brought SDIG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -52.98% of loss for the given period.
Volatility was left at 8.43%, however, over the last 30 days, the volatility rate increased by 7.04%, as shares sank -19.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.18% lower at present.
During the last 5 trading sessions, SDIG fell by -4.22%, which changed the moving average for the period of 200-days by -1.03% in comparison to the 20-day moving average, which settled at $4.51. In addition, Stronghold Digital Mining Inc saw 10.29% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SDIG starting from Beard Gregory A, who sale 49,750 shares at the price of $4.01 back on Dec 24 ’24. After this action, Beard Gregory A now owns 460,734 shares of Stronghold Digital Mining Inc, valued at $199,478 using the latest closing price.
Beard Gregory A, the Chief Executive Officer of Stronghold Digital Mining Inc, sale 14,201 shares at $3.85 during a trade that took place back on Dec 23 ’24, which means that Beard Gregory A is holding 446,533 shares at $54,674 based on the most recent closing price.
Stock Fundamentals for SDIG
Current profitability levels for the company are sitting at:
- -0.62 for the present operating margin
- 0.11 for the gross margin
The net margin for Stronghold Digital Mining Inc stands at -0.63. The total capital return value is set at -0.53. Equity return is now at value -90.72, with -31.77 for asset returns.
Based on Stronghold Digital Mining Inc (SDIG), the company’s capital structure generated 0.73 points at debt to capital in total, while cash flow to debt ratio is standing at -1.28. The debt to equity ratio resting at 2.74. The interest coverage ratio of the stock is -5.39.
Currently, EBITDA for the company is -56.51 million with net debt to EBITDA at -3.78. When we switch over and look at the enterprise to sales, we see a ratio of 1.35. The receivables turnover for the company is 64.09for trailing twelve months and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.27.
Conclusion
In a nutshell, Stronghold Digital Mining Inc (SDIG) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
