Soluna (NASDAQ:SLNHP) Trading 14% Higher

Soluna Holdings, Inc. (NASDAQ:SLNHPGet Free Report)’s stock price rose 14% during mid-day trading on Tuesday . The stock traded as high as $2.20 and last traded at $2.03. Approximately 6,461 shares traded hands during mid-day trading, an increase of 64% from the average daily volume of 3,931 shares. The stock had previously closed at $1.78.

Soluna Stock Performance

The business’s 50-day moving average price is $2.67 and its 200 day moving average price is $2.77.

Soluna Company Profile

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Soluna Holdings, Inc together with its subsidiaries, engages in the mining of cryptocurrency through data centers. The company operates through two segments, Cryptocurrency Mining and Data Center Hosting. It 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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