Soluna (NASDAQ:SLNHP) Shares Up 1.3% – Here’s Why

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

Soluna Stock Performance

The stock has a fifty day simple moving average of $7.88 and a 200-day simple moving average of $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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