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 post earnings of ($0.11) per share and revenue of $15.70 million for the quarter.
Soluna Stock Performance
Shares of Soluna stock opened at $11.20 on Thursday. The business has a 50-day moving average of $10.56 and a 200 day moving average of $9.59. Soluna has a 12 month low of $1.76 and a 12 month high of $12.50.
Soluna Company Profile
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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