Soluna Holdings Inc [NASDAQ: SLNH] stock went on a downward path that fall over -1.19% on Wednesday, amounting to a one-week price increase of more than 39.67%.
Over the last 12 months, SLNH stock dropped by -59.76%.
The market cap for the stock reached $15.39 million, with 12.51 million shares outstanding and 10.18 million shares in the current float. Compared to the average trading volume of 628.33K shares, SLNH stock reached a trading volume of 5290959 in the most recent trading day, which is why market watchdogs consider the stock to be active.
SLNH Stock Performance Analysis:
Soluna Holdings Inc [SLNH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 39.67. With this latest performance, SLNH shares gained by 34.13% in over the last four-week period, additionally sinking by -64.50% over the last 6 months – not to mention a drop of -59.76% in the past year of trading.
Insight into Soluna Holdings Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Soluna Holdings Inc [SLNH] shares currently have an operating margin of -84.42% and a Gross Margin at -19.05%. Soluna Holdings Inc’s Net Margin is presently recorded at -253.05%.
Return on Equity for this stock declined to -72.65%, with Return on Assets sitting at -72.65%.
Soluna Holdings Inc [SLNH] Institutonal Ownership Details
There are presently around $12.37%, or 19.00% of SLNH stock, in the hands of institutional investors. The top three institutional holders of SLNH stocks are: TRINITYPOINT WEALTH, LLC with ownership of 29100.0 shares, which is approximately 0.6376%. GEODE CAPITAL MANAGEMENT, LLC, holding 21887.0 shares of the stock with an approximate value of $$0.13 million in SLNH stocks shares; and GEODE CAPITAL MANAGEMENT, LLC, currently with $$60900.0 in SLNH stock with ownership which is approximately 0.2191%.
