Solidion Technology Inc (NASDAQ: STI) Stock Forecast: An Analysis

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In the last trading session, 1.99 million Solidion Technology Inc (NASDAQ:STI) shares changed hands as the company’s beta touched 0.02. With the company’s per share price at $0.50 changed hands at -$0.08 or -13.23% during last session, the market valuation stood at $58.73M. STI’s last price was a discount, traded about -2048.0% off its 52-week high of $10.74. The share price had its 52-week low at $0.27, which suggests the last value was 46.0% up since then. When we look at Solidion Technology Inc’s average trading volume, we note the 10-day average is 16.29 million shares, with the 3-month average coming to 10.70 million.

Solidion Technology Inc (NASDAQ:STI) trade information

Instantly STI was in red as seen at the end of in last trading. With action -35.03%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -28.16%, with the 5-day performance at -35.03% in the red. However, in the 30-day time frame, Solidion Technology Inc (NASDAQ:STI) is 17.71% up. Looking at the short shares, we see there were 10.18 million shares sold at short interest cover period of 0.91 days.

STI Dividends

Solidion Technology Inc is expected to release its next quarterly earnings report in February.

Solidion Technology Inc (NASDAQ:STI)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 55.22% of Solidion Technology Inc shares while 16.21% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 36.19%.

Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund . With 179.69 shares estimated at $89934.0 under it, the former controlled 0.15% of total outstanding shares. On the other hand, Fidelity Extended Market Index Fund held about 0.09% of the shares, roughly 113.69 shares worth around $56900.0.