Stronghold Digital Mining Inc (NASDAQ:SDIG) Has Seen A Fall Of -40.66% This Year, Is It Still A Better Option Than Others?

In last trading session, Stronghold Digital Mining Inc (NASDAQ:SDIG) saw 0.32 million shares changing hands with its beta currently measuring 3.00. Company’s recent per share price level of $3.08 trading at -$0.22 or -6.67% at ring of the bell on the day assigns it a market valuation of $53.48M. That closing price of SDIG’s stock is at a discount of -117.53% from its 52-week high price of $6.70 and is indicating a premium of 46.43% from its 52-week low price of $1.65.

For Stronghold Digital Mining Inc (SDIG), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.

Stronghold Digital Mining Inc (NASDAQ:SDIG) trade information

Upright in the red during last session for losing -6.67%, in the last five days SDIG remained trading in the red while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $3.08 price level, adding 12.75% to its value on the day. Stronghold Digital Mining Inc’s shares saw a change of -12.00% in year-to-date performance and have moved -8.06% in past 5-day. Stronghold Digital Mining Inc (NASDAQ:SDIG) showed a performance of -23.57% in past 30-days.

Wall Street analysts have assigned a consensus price target of 6.25 to the stock, which implies a rise of 50.72% to its current value. Analysts have been projecting 4 as a low price target for the stock while placing it at a high target of 8.5. It follows that stock’s current price would drop -29.87% in reaching the projected high whereas dropping to the targeted low would mean a loss of -29.87% for stock’s current value.

Stronghold Digital Mining Inc (SDIG) estimates and forecasts

This year revenue growth is estimated to fall -1.29% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 16.2M for the same.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -68.53% during past 5 years.

On the other hand, Vanguard Total Stock Market Index Fund and Global X Fds-Global X Blockchain ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 366.83 shares of worth $1.13 million or 2.45% of the total outstanding shares. The later fund manager was in possession of 162.32 shares on Nov 30, 2024 , making its stake of worth around $0.5 million in the company or a holder of 1.09% of company’s stock.