Stronghold Digital Mining Inc (NASDAQ:SDIG)’s traded shares stood at 0.63 million during the last session, with the company’s beta value hitting 2.78. At the close of trading, the stock’s price was $2.69. The SDIG share’s 52-week high remains $12.20, putting it -353.53% down since that peak but still an impressive 38.66% since price per share fell to its 52-week low of $1.65. The company has a valuation of $34.03M, with an average of 656.04K shares over the past 3 months.
Stronghold Digital Mining Inc (NASDAQ:SDIG) trade information
Stronghold Digital Mining Inc (SDIG) has traded red over the past five days. The stock hit a weekly high of 3.19. The 5-day price performance for the stock is -14.60%, and -37.88% over 30 days. With these gigs, the year-to-date price performance is -63.15%.
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 outperformed competitors. Stronghold Digital Mining Inc (SDIG) shares are -36.10% down over the last 6 months, with its year-to-date growth rate higher than industry average at 34.27% against 10.60%. Revenue is forecast to grow 97.70% this quarter before jumping 74.10% for the next one. The rating firms project that company’s revenue will grow 32.70% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is $29.01 million. Meanwhile, for the quarter ending Jun 2024, a total of 3 analyst(s) estimate revenue growth to $23.27 million.Earnings reports from the last fiscal year show that sales brought in $17.27 million and -$ respectively in the corresponding quarters.
SDIG Dividends
Stronghold Digital Mining Inc has its next earnings report out in May. 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%.
