Soluna Holdings Inc [SLNH] stock prices are up 10.70% to $2.69 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SLNH shares have gain 11.16% over the last week, with a monthly amount drifted -4.95%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
The stock price of Soluna Holdings Inc [SLNH] has been fluctuating between $1.40 and $9.75 over the past year. Soluna Holdings Inc [NASDAQ: SLNH] shares were valued at $2.69 at the most recent close of the market.
Analyzing the SLNH fundamentals
The Soluna Holdings Inc [NASDAQ:SLNH] reported sales of 21.07M for trailing twelve months, representing a surge of 141.88%. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at -1.06%, Pretax Profit Margin comes in at -1.37%, and Net Profit Margin reading is -1.4%. To continue investigating profitability, this company’s Return on Assets is posted at -0.32, Equity is -0.94 and Total Capital is -0.35. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.75.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.48 points at the first support level, and at 2.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.97, and for the 2nd resistance point, it is at 3.25.
Ratios To Look Out For
It’s worth pointing out that Soluna Holdings Inc [NASDAQ:SLNH]’s Current Ratio is 0.51. As well, the Quick Ratio is 0.51, while the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 0.49, the price to book ratio is 0.25.
Transactions by insiders
Recent insider trading involved MICHAELS DAVID C, Chief Financial Officer, that happened on Dec 15 ’23 when 3000.0 shares were purchased. Chief Financial Officer, MICHAELS DAVID C completed a deal on Dec 14 ’23 to buy 369.0 shares. Meanwhile, Chief Financial Officer MICHAELS DAVID C bought 2300.0 shares on Dec 13 ’23.
