Soluna (NASDAQ:SLNHP) Shares Down 1.4% – Time to Sell?

by · The Markets Daily

Soluna Holdings, Inc. (NASDAQ:SLNHP – Get Free Report) shares fell 1.4% during trading on Thursday . The company traded as low as $9.00 and last traded at $9.00. 3,780 shares changed hands during trading, a decline of 16% from the average session volume of 4,496 shares. The stock had previously closed at $9.13.

Soluna Stock Performance

The company has a 50 day moving average price of $10.27 and a 200-day moving average price of $7.74.

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.

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