More To Go Or Is It Over? – Solidion Technology Inc (STI)

Solidion Technology Inc (NASDAQ:STI) does about 13.51M shares in volume on a normal day but saw 2131640 shares change hands in the recent trading day. The company now has a market cap of 14.94M USD. Its current market price is $0.11, marking a decrease of -0.99% compared to the previous close of $0.11. The 52 week high reached by this stock is $3.25 whilst the lowest price level in 52 weeks is $0.08.

Solidion Technology Inc (STI) has a 20-day trading average at $0.1037 and the current price is -96.62% off the 52-week high compared with 46.67% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.1835 and its 200-day simple moving average is $0.3561. If we look at the stock’s price movements over the week, volatility stands at 15.50%, which increases to 20.33% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 43.73 to suggest the stock is neutral.

The current price level is 6.08%, -40.06%, and -69.11% away from its SMA20, SMA50, and SMA200 respectively, with the STI price moving above the 50-day SMA on current market day. Solidion Technology Inc (STI) stock is up 16.90% over the week and -18.15% over the past month. Its price is -84.21% year-to-date and -92.76% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

Outstanding shares total 131.70M with insiders holding 50.10% of the shares and institutional holders owning 17.23% of the company’s common stock. The company has a return on equity of -454.29%. The beta has a value of 0.58.