The stock of Solidion Technology Inc (NASDAQ: STI) has increased by 5.77 when compared to last closing price of 0.39.Despite this, the company has seen a gain of 0.63% in its stock price over the last five trading days. prnewswire.com reported 2025-02-04 that Both of these matters are now closed DALLAS, Feb. 4, 2025 /PRNewswire/ — Solidion Technology, Inc. (NASDAQ: STI), an advanced battery technology solutions provider, previously disclosed in a Current Report on Form 8-K filed on September 3, 2024, the Company received written notice from Nasdaq that (i) it was not in compliance with Nasdaq Listing Rule 5450(b)(2)(C), which requires the Company’s listed securities to maintain a minimum market value of publicly held shares of $15 million (the “MVPHS Rule”), and (ii) the Company’s minimum market value of listed securities (“MVLS”) was less than $50 million, which did not meet the requirement for continued listing on The Nasdaq Global Market, as required by Nasdaq Listing Rule 5450(b)(2)(A) (the “MVLS Rule”). On January 30, 2025, the Company received a letter from the Staff notifying the Company that it had regained compliance with the MVPHS Rule and the MVLS Rule and that both matters are now closed.
Is It Worth Investing in Solidion Technology Inc (NASDAQ: STI) Right Now?
The 36-month beta value for STI is at -0.14. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 6 rating it as “overweight,” 19 as “hold,” and 0 as “sell.”
The public float for STI is 55.20M, and currently, shorts hold a 4.13% of that float. The average trading volume for STI on February 04, 2025 was 6.67M shares.
STI’s Market Performance
STI’s stock has seen a 0.63% increase for the week, with a -48.65% drop in the past month and a -14.45% fall in the past quarter. The volatility ratio for the week is 10.12%, and the volatility levels for the past 30 days are at 16.26% for Solidion Technology Inc The simple moving average for the past 20 days is -12.57% for STI’s stock, with a -46.34% simple moving average for the past 200 days.
STI Trading at -13.18% from the 50-Day Moving Average
After a stumble in the market that brought STI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -90.71% of loss for the given period.
Volatility was left at 16.26%, however, over the last 30 days, the volatility rate increased by 10.12%, as shares sank -44.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -32.96% lower at present.
During the last 5 trading sessions, STI rose by +3.85%, which changed the moving average for the period of 200-days by -78.49% in comparison to the 20-day moving average, which settled at $0.4726. In addition, Solidion Technology Inc saw -40.78% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for STI
The total capital return value is set at 0.65. Equity return is now at value -454.29, with -142.43 for asset returns.
Based on Solidion Technology Inc (STI), the company’s capital structure generated -0.15 points at debt to capital in total, while cash flow to debt ratio is standing at -2.71. The debt to equity ratio resting at -0.13. The interest coverage ratio of the stock is -268.37.
Currently, EBITDA for the company is -18.2 million with net debt to EBITDA at -0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.08.
Conclusion
In conclusion, Solidion Technology Inc (STI) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
