Soluna Holdings Inc [SLNH] stock is trading at $0.62, down -13.06%. 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 23.54% over the last week, with a monthly amount drifted -38.84%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Soluna Holdings Inc [SLNH] stock has fluctuated between $0.36 and $8.80 over the past year. Soluna Holdings Inc [NASDAQ: SLNH] shares were valued at $0.62 at the most recent close of the market.
Analyzing the SLNH fundamentals
Soluna Holdings Inc [NASDAQ:SLNH] reported sales of 38.02M for the trailing twelve months, which represents a drop of -18.24%. Gross Profit Margin for this corporation currently stands at 0.8% with Operating Profit Margin at 0.31%, Pretax Profit Margin comes in at -1.6%, and Net Profit Margin reading is -1.67%. To continue investigating profitability, this company’s Return on Assets is posted at -0.72, Equity is -4.67 and Total Capital is 0.3. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -1.75.
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 0.5418 points at the first support level, and at 0.4659 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.7618, and for the 2nd resistance point, it is at 0.9059.
Ratios To Look Out For
For context, Soluna Holdings Inc’s Current Ratio is 0.28. As well, the Quick Ratio is 0.28, while the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 0.20.
Transactions by insiders
Recent insider trading involved TOPOREK MICHAEL, Director, that happened on Nov 01 ’24 when 31300.0 shares were sold. Director, TOPOREK MICHAEL completed a deal on Nov 04 ’24 to sell 20600.0 shares. Meanwhile, Director TOPOREK MICHAEL sold 8000.0 shares on Oct 31 ’24.
