Stronghold Digital Mining Inc (NASDAQ: SDIG) kicked off on Monday, down -3.63% from the previous trading day, before settling in for the closing price of $5.24. Over the past 52 weeks, SDIG has traded in a range of $1.65-$11.56.
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During the last 5-year period, the sales growth of Financial Sector giant was 203.12%. While this was happening, its average annual earnings per share was recorded 72.32%. With a float of $12.44 million, this company’s outstanding shares have now reached $14.48 million.
Let’s determine the extent of company efficiency that accounts for 115 employees.
Stronghold Digital Mining Inc (SDIG) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Capital Markets Industry. The insider ownership of Stronghold Digital Mining Inc is 14.13%, while institutional ownership is 29.11%. The most recent insider transaction that took place on Sep 18 ’24, was worth 196,727. In this transaction Chief Executive Officer of this company sold 44,261 shares at a rate of $4.44, taking the stock ownership to the 379,324 shares. Before that another transaction happened on Sep 18 ’24, when Company’s Principal Accounting Officer sold 1,695 for $4.46, making the entire transaction worth $7,565. This insider now owns 34,909 shares in total.
Stronghold Digital Mining Inc (SDIG) Earnings and Forecasts
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According to the Wall Street analysts, stocks earnings will be around 72.32% per share during the next fiscal year.
Stronghold Digital Mining Inc (NASDAQ: SDIG) Trading Performance Indicators
Take a look at Stronghold Digital Mining Inc’s (SDIG) current performance indicators. Last quarter, stock had a quick ratio of 0.24. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.90, a number that is poised to hit -0.62 in the next quarter and is forecasted to reach -0.60 in one year’s time.
Technical Analysis of Stronghold Digital Mining Inc (SDIG)
Looking closely at Stronghold Digital Mining Inc (NASDAQ: SDIG), its last 5-days average volume was 0.5 million, which is a drop from its year-to-date volume of 1.01 million. As of the previous 9 days, the stock’s Stochastic %D was 81.12%. Additionally, its Average True Range was 0.35.
During the past 100 days, Stronghold Digital Mining Inc’s (SDIG) raw stochastic average was set at 86.52%, which indicates a significant increase from 72.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.96% in the past 14 days, which was lower than the 142.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.92, while its 200-day Moving Average is $4.30. However, in the short run, Stronghold Digital Mining Inc’s stock first resistance to watch stands at $5.20. Second resistance stands at $5.35. The third major resistance level sits at $5.50. If the price goes on to break the first support level at $4.90, it is likely to go to the next support level at $4.75. Should the price break the second support level, the third support level stands at $4.60.
Stronghold Digital Mining Inc (NASDAQ: SDIG) Key Stats
The company with the Market Capitalisation of 73.12 million has total of 15,371K Shares Outstanding. Its annual sales at the moment are 74,970 K in contrast with the sum of -71,400 K annual income. Company’s last quarter sales were recorded 19,100 K and last quarter income was -17,940 K.
