On 10/16/24, Soluna Holdings Inc (NASDAQ: SLNH) stock enjoyed a major increase of 19.8%, closing at $3.99. Moreover, exceptionally high trading volume at 290% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 26.7% during the last week.
Current PriceTarget Research Rating
SLNH’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to continue to be a major Value Eraser.
Soluna Holdings is currently unrated.
Rating Review
The stock is currently unrated.
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