Soluna (NASDAQ:SLNH) Announces Quarterly Earnings Results

Soluna (NASDAQ:SLNH) posted its quarterly earnings results on Tuesday. The company reported ($6.15) earnings per share (EPS) for the quarter, Zacks reports. Soluna had a negative net margin of 75.30% and a negative return on equity of 45.29%.

Soluna Stock Down 1.2 %

Shares of Soluna stock opened at $0.63 on Wednesday. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.16. Soluna has a 52-week low of $0.52 and a 52-week high of $8.80. The company has a market capitalization of $5.28 million, a P/E ratio of -0.04 and a beta of 3.03. The company has a 50 day moving average of $1.37 and a 200 day moving average of $2.49.

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.