39,233 Shares in Soluna Holdings, Inc. (NASDAQ:SLNH) Purchased by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. purchased a new stake in Soluna Holdings, Inc. (NASDAQ:SLNH) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 39,233 shares of the company’s stock, valued at approximately $82,000.

Separately, Virtu Financial LLC acquired a new position in shares of Soluna during the 3rd quarter worth approximately $36,000. Institutional investors own 23.19% of the company’s stock.

Soluna Price Performance

Soluna stock opened at $1.03 on Monday. Soluna Holdings, Inc. has a one year low of $0.90 and a one year high of $8.80. The stock’s fifty day moving average price is $1.80 and its two-hundred day moving average price is $2.83. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.59 and a quick ratio of 0.59. The firm has a market cap of $8.62 million, a PE ratio of -0.07 and a beta of 3.03.

Soluna Company Profile

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.