Stronghold Digital Mining Inc. (NASDAQ:SDIG)’s traded shares stood at 1.07 million during the last session. At the close of trading, the stock’s price was $0.48, to imply an increase of 0.42% or $0.01 in intraday trading. The SDIG share’s 52-week high remains $11.00, putting it -2191.67% down since that peak but still an impressive 16.67% since price per share fell to its 52-week low of $0.40. The company has a valuation of $25.85M, with an average of 1.34 million shares in intraday trading volume over the past 10 days and average of 1.70 million shares over the past 3 months.

Stronghold Digital Mining Inc. (NASDAQ:SDIG) trade information

After registering a 0.42% upside in the last session, Stronghold Digital Mining Inc. (SDIG) has traded red over the past five days. The stock hit a weekly high of 0.6100 this Thursday, 03/16/23, jumping 0.42% in its intraday price action. The 5-day price performance for the stock is 0.10%, and 1.60% over 30 days. With these gigs, the year-to-date price performance is -0.44%. Short interest in Stronghold Digital Mining Inc. (NASDAQ:SDIG) saw shorts transact 4.48 million shares and set a 4.91 days time to cover.

Stronghold Digital Mining Inc. (SDIG) estimates and forecasts

Looking at statistics comparing Stronghold Digital Mining Inc. share performance against respective industry, we note that the company has underperformed competitors. Stronghold Digital Mining Inc. (SDIG) shares are -67.77% down over the last 6 months, with its year-to-date growth rate lower than industry average at -120.78% against 17.60%. Revenue is forecast to grow 44.20% this quarter before jumping 77.30% for the next one. The rating firms project that company’s revenue will grow 243.80% compared to the previous financial year.

Revenue forecast for the current quarter as set by 6 analysts is $22.86 million. Meanwhile, for the quarter ending Mar 2023, a total of 4 analyst(s) estimate revenue growth to $23.91 million.Earnings reports from the last fiscal year show that sales brought in $17.01 million and $28.7 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 34.40% before dropping -16.70% in the following quarter.

SDIG Dividends

Stronghold Digital Mining Inc. has its next earnings report out on August 16. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Stronghold Digital Mining Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Stronghold Digital Mining Inc. (NASDAQ:SDIG)’s Major holders

Stronghold Digital Mining Inc. insiders hold 21.73% of total outstanding shares, with institutional holders owning 30.57% of the shares at 39.06% float percentage. In total, 30.57% institutions holds shares in the company, led by Armistice Capital, LLC. As of Sep 29, 2022, the company held over 2.27 million shares (or 6.59% of shares), all amounting to roughly $2.37 million.

The next major institution holding the largest number of shares is Cooper Creek Partners Management LLC with 1.56 million shares, or about 4.52% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $1.62 million.

We also have Vanguard Total Stock Market Index Fund and Viridi Cleaner Energy Crypto Mining & Semiconductor ETF as the top two Mutual Funds with the largest holdings of the Stronghold Digital Mining Inc. (SDIG) shares. Going by data provided on Sep 29, 2022, Vanguard Total Stock Market Index Fund holds roughly 0.4 million shares. This is just over 1.16% of the total shares, with a market valuation of $0.41 million. Data from the same date shows that the other fund manager holds a little less at 0.11 million, or 0.33% of the shares, all valued at about 83627.0.