Shares of Soluna Holdings, Inc. (NASDAQ:SLNHP – Get Free Report) were down 11.2% during mid-day trading on Wednesday . The company traded as low as $8.08 and last traded at $8.08. Approximately 7,443 shares were traded during mid-day trading, a decline of 41% from the average daily volume of 12,686 shares. The stock had previously closed at $9.10.
Soluna Trading Up 1.7 %
The stock has a fifty day simple moving average of $10.63 and a 200 day simple moving average of $7.22.
About Soluna
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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