Soluna (NASDAQ:SLNHP) Trading Down 6%

Soluna Holdings, Inc. (NASDAQ:SLNHPGet Free Report)’s stock price traded down 6% on Thursday . The company traded as low as $5.24 and last traded at $5.50. 3,763 shares traded hands during mid-day trading, a decline of 47% from the average session volume of 7,130 shares. The stock had previously closed at $5.85.

Soluna Trading Down 7.1 %

The company’s fifty day moving average is $6.06 and its 200-day moving average is $4.01.

About Soluna

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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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