During the last session, Stronghold Digital Mining Inc (NASDAQ:SDIG)’s traded shares were 0.4 million, with the beta value of the company hitting 2.64. At the end of the trading day, the stock’s price was $3.49, reflecting an intraday loss of -8.64% or -$0.33. The 52-week high for the SDIG share is $11.60, that puts it down -232.38 from that peak though still a striking 52.72% gain since the share price plummeted to a 52-week low of $1.65. The company’s market capitalization is $44.15M, and the average trade volume was 644.82K shares over the past three months.
Stronghold Digital Mining Inc (NASDAQ:SDIG) trade information
Stronghold Digital Mining Inc (SDIG) registered a -8.64% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -8.64% in intraday trading to $3.49, hitting a weekly high. The stock’s 5-day price performance is 29.74%, and it has moved by -9.35% in 30 days. Based on these gigs, the overall price performance for the year is -65.10%.
Stronghold Digital Mining Inc (SDIG) estimates and forecasts
Statistics show that Stronghold Digital Mining Inc has outperformed its competitors in share price, compared to the industry in which it operates. Stronghold Digital Mining Inc (SDIG) shares have gone down -24.13% during the last six months, with a year-to-date growth rate more than the industry average at 34.27% against 9.70. In the rating firms’ projections, revenue will increase 32.70% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 29.01M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 23.27M by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -68.53%. While earnings are projected to return 86.60% in 2024.
SDIG Dividends
Stronghold Digital Mining Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
