Solidion Technology (NASDAQ:STI) Upgraded by Wall Street Zen to “Hold” Rating

Wall Street Zen upgraded shares of Solidion Technology (NASDAQ:STI) from a sell rating to a hold rating in a research report report published on Saturday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Solidion Technology in a research report on Monday, November 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

Solidion Technology Stock Performance

NASDAQ STI opened at $11.28 on Friday. The stock’s 50 day simple moving average is $9.96. Solidion Technology has a one year low of $2.94 and a one year high of $55.00. The company has a market cap of $31.25 million, a price-to-earnings ratio of -3.48 and a beta of 0.61.

Solidion Technology (NASDAQ:STI) last posted its quarterly earnings data on Thursday, November 20th. The company reported ($1.33) EPS for the quarter. The business had revenue of $0.01 million during the quarter.

Institutional Trading of Solidion Technology

An institutional investor recently bought a new position in Solidion Technology stock. Jane Street Group LLC bought a new stake in shares of Solidion Technology Inc. (NASDAQ:STI) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 12,445 shares of the company’s stock, valued at approximately $49,000. Jane Street Group LLC owned 0.46% of Solidion Technology at the end of the most recent quarter.

About Solidion Technology

Solidion Technology Inc engages in the development and supply of battery materials, components, cells, and selected module/pack technologies. Its products include advanced anode materials; three classes of solid-state batteries, including silicon-rich all-solid-state lithium-ion cells; anode less lithium metal cells; and lithium-sulfur cells.