Soluna (NASDAQ:SLNHP) Trading 1.3% Higher – Still a Buy?

Soluna Holdings, Inc. (NASDAQ:SLNHPGet Free Report) shares were up 1.3% on Friday . The stock traded as high as $12.39 and last traded at $12.03. Approximately 15,206 shares were traded during mid-day trading, an increase of 23% from the average daily volume of 12,413 shares. The stock had previously closed at $11.88.

Soluna Price Performance

The stock’s 50 day simple moving average is $7.88 and its two-hundred day simple moving average is $5.80.

Soluna Company Profile

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Soluna Holdings, Inc together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining.

Further Reading

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