Soluna Holdings Inc (NASDAQ: SLNH) stock closed at $3.43 on 10/31/24 after a major decline of -10.2%. However, trading volume in this decline was below average at 72% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -15.3% 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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