Stronghold Digital Mining Inc’s recently made public that its Chief Executive Officer Beard Gregory A unloaded Company’s shares for reported $32818.0 on Apr 15 ’24. In the deal valued at $2.38 per share,13,811 shares were sold. As a result of this transaction, Beard Gregory A now holds 374,003 shares worth roughly $1.01 million.
Then, Smith Matthew J. sold 166 shares, generating $670 in total proceeds. Upon selling the shares at $4.04, the Chief Financial Officer now owns 174,446 shares.
Before that, Beard Gregory A sold 35,896 shares. Stronghold Digital Mining Inc shares valued at $141,994 were divested by the Chief Executive Officer at a price of $3.96 per share. As a result of the transaction, Beard Gregory A now holds 387,814 shares, worth roughly $1.04 million.
Cowen downgraded its Stronghold Digital Mining Inc [SDIG] rating to a Market perform from a an Outperform in a research note published on August 18, 2022; the price target was decreased to $2.25 from $11.
Price Performance Review of SDIG
On Friday, Stronghold Digital Mining Inc [NASDAQ:SDIG] saw its stock unchanged to $2.69. Over the last five days, the stock has lost -14.60%. Stronghold Digital Mining Inc shares have fallen nearly -63.15% since the year began. Nevertheless, the stocks have fallen -75.09% over the past one year. While a 52-week high of $12.20 was reached on 01/02/24, a 52-week low of $1.65 was recorded on 04/16/24. SMA at 50 days reached $4.23, while 200 days put it at $5.29. A total of 0.63 million shares were traded, compared to the trading of 0.5 million shares in the previous session.
Levels Of Support And Resistance For SDIG Stock
The 24-hour chart illustrates a support level at 2.48, which if violated will result in even more drops to 2.27. On the upside, there is a resistance level at 3.04. A further resistance level may holdings at 3.39. The Relative Strength Index (RSI) on the 14-day chart is 35.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.78%. Stochastics %K at 38.13% indicates the stock is a holding.
