In a filing, Stronghold Digital Mining Inc revealed its Chief Financial Officer Smith Matthew J. unloaded Company’s shares for reported $434.0 on May 03 ’24. In the deal valued at $3.29 per share,132 shares were sold. As a result of this transaction, Smith Matthew J. now holds 174,207 shares worth roughly $0.67 million.
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Then, Shaffer Richard J. sold 43 shares, generating $134 in total proceeds. Upon selling the shares at $3.12, the Senior Vice President now owns 27,125 shares.
Before that, Smith Matthew J. sold 107 shares. Stronghold Digital Mining Inc shares valued at $391 were divested by the Chief Financial Officer at a price of $3.65 per share. As a result of the transaction, Smith Matthew J. now holds 174,339 shares, worth roughly $0.67 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 fall -1.78% to $3.86. Over the last five days, the stock has gained 7.52%. Stronghold Digital Mining Inc shares have fallen nearly -47.12% since the year began. Nevertheless, the stocks have fallen -5.39% over the past one year. While a 52-week high of $11.56 was reached on 01/02/24, a 52-week low of $1.65 was recorded on 04/16/24. SMA at 50 days reached $3.17, while 200 days put it at $4.47. A total of 0.92 million shares were traded, compared to the trading of 0.45 million shares in the previous session.
Levels Of Support And Resistance For SDIG Stock
The 24-hour chart illustrates a support level at 3.58, which if violated will result in even more drops to 3.29. On the upside, there is a resistance level at 4.34. A further resistance level may holdings at 4.81. The Relative Strength Index (RSI) on the 14-day chart is 60.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 38.50%. Stochastics %K at 71.43% indicates the stock is a holding.
