Both in Banking & Credit

Soluna Holdings vs Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-Rate Reset Series D Non-Cumulative Perpetual Preferred Stock

Over the past year SLNH returned −83.7% and MBINM returned +2.3%; their daily moves had a correlation of 0.03.

SLNH −83.7% MBINM +2.3%Growth of $1, one year, split-adjusted
MetricSLNHMBINM
Price$0.5679$25.03
Market cap$138.9M$130.2M
Today−2.67%−0.60%
1 month−44.9%−1.5%
6 months−63.4%−1.4%
Year to date−51.5%−1.4%
1 year−83.7%—
Revenue growth (YoY)+144.6%−4.3%
Gross margin5.1%53.6%
Net margin−157.5%20.0%
P/E (TTM)—0.6×
Price / sales3.3×0.1×
Net cash$78.4M-$1.16B
Dividend yield—8.24%
Volatility (60d)96.3%6.6%
Short % of float13.3%—
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).