Soluna (NASDAQ:SLNHP – Get Free Report) is expected to be issuing its results after the market closes on Thursday, August 13th. Analysts expect Soluna to announce earnings of ($0.11) per share and revenue of $15.70 million for the quarter.
Soluna Price Performance
Shares of SLNHP opened at $11.55 on Tuesday. Soluna has a 12-month low of $1.76 and a 12-month high of $12.50. The firm has a 50-day moving average price of $10.58 and a 200 day moving average price of $9.61.
About Soluna
Soluna Holdings, Inc is a renewable energy infrastructure and computing company focused on pairing underutilized clean power sources with high-performance computing applications. Through its proprietary modular data center technology, Soluna develops and operates facilities that can scale computing workloads for blockchain, machine learning, scientific research and other power-intensive tasks. The company’s platform is designed to balance grid stability by drawing on wind and solar resources during periods of surplus generation.
One of Soluna’s flagship initiatives is a development project near Tangier, Morocco, where the company has rights to construct and operate up to 250 megawatts of wind-powered generation capacity alongside its scalable data center modules.
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