$0.03 drop on 23 Feb 2026: Selina Hospitality PLC (SLNA) NASDAQ sees volume spike
Selina Hospitality PLC (SLNA) moved to $0.03 intraday on 23 Feb 2026 on the NASDAQ, marking a 20.21% drop from yesterday and a raw trade volume of 379,091,456 shares. SLNA stock is one of the most active names today in the United States market as traders reacted to a sharp gap lower and a five‑fold surge in relative volume. The intraday range ran from $0.03 to $0.05, while the 50‑day average is $0.07 and the 200‑day average is $0.18, underlining persistent downtrend pressure.
Intraday price action for SLNA stock
Selina Hospitality PLC (SLNA) opened at $0.05 and traded down to a day low of $0.03 on NASDAQ, a -20.21% move versus the previous close of $0.04. The stock hit a day high of $0.05, showing intraday volatility around a very low absolute price. This intraday move makes SLNA stock one of the market’s most active issues by share turnover this session.
Volume, liquidity and trading context
Volume is the primary driver behind the most‑active tag: 379,091,456 shares traded versus an average volume of 68,080,346, giving a relative volume of 5.57. Heavy volume at sub‑penny levels increases execution risk and bid‑ask spreads even though the market cap is modest at $16,310,070.00. Short‑term traders should weigh liquidity and the large share base of 543,668,992 shares outstanding when sizing positions.
Fundamentals and SLNA analysis
Selina Hospitality PLC reports negative profitability metrics, with EPS at -1.49 and a trailing PE shown as -0.02, reflecting the loss per share against the current price. Key balance metrics show cash per share of 0.90 and negative book value per share near -3.12, while enterprise value sits much higher at $680,251,070.00, driven by lease and debt-like liabilities. The company operates in the Consumer Cyclical sector, under the Gambling, Resorts & Casinos industry classification, and the broader sector performance affects demand for hospitality assets.
Technical view and Meyka AI stock grade
Price momentum is negative: current price $0.03 sits well below the 50‑day average $0.07 and 200‑day average $0.18, which indicates trend weakness on daily charts. Meyka AI rates SLNA with a score out of 100: 58.53 | Grade: C+ | Suggestion: HOLD. This grade factors in S&P 500 and sector comparisons, financial growth, key metrics, forecasts, analyst consensus, and fundamental growth; these grades are informational only and are not financial advice.
Price forecast and SLNA price target
Meyka AI’s forecast model projects a 12‑month central scenario price of $0.06, implying a potential upside of 100.00% from the current $0.03 price; forecasts are model‑based projections and not guarantees. Given the lack of analyst price targets and thin margins, a realistic target range would be a bear case at $0.01, base at $0.03, and bull at $0.08. Investors should treat these targets as scenario planning rather than firm guidance.
Risks, catalysts and trading outlook
Material risks include continued operating losses, negative cash flow per share at -1.00, lease and debt obligations that inflate enterprise value, and sector sensitivity to travel demand. Potential catalysts that could re‑rate SLNA stock include positive quarterly revenue surprises, asset sales, or capital structure improvements. For intraday traders, the high volume today increases the chance of short‑term mean reversion but also raises execution and volatility risk.
Final Thoughts
Key takeaways for SLNA stock on 23 Feb 2026: the intraday move to $0.03 on NASDAQ was driven by a surge to 379,091,456 shares, signaling heavy speculative interest and very high short‑term volatility. Fundamentals remain weak with EPS -1.49, negative book value per share near -3.12, and enterprise value of $680,251,070.00 that contrasts with a market cap of $16,310,070.00. Meyka AI’s models project a 12‑month central price of $0.06, implying 100.00% upside versus current levels, but this is model‑based and not guaranteed. Traders focused on most‑active names should balance the liquidity and potential quick gains against dilution, operational losses, and sector cyclicality. For longer‑term holders, watch for quarterly results, any capital raises, and management updates that could materially change the outlook. Sources: Selina website and Nasdaq SLNA page. Meyka AI provided the AI‑powered market analysis and grading noted above.
FAQs
Why is SLNA stock so active today?
SLNA stock is active because intraday volume jumped to 379,091,456 shares, a relative volume of 5.57, on a sharp price decline to $0.03, prompting speculative trading and order flow concentration.
What is Meyka AI’s grade for Selina (SLNA)?
Meyka AI rates SLNA with a score out of 100: 58.53 | Grade: C+ | Suggestion: HOLD. The grade reflects benchmark, sector, financials, metrics, forecasts, and analyst inputs.
What price targets and forecast exist for SLNA stock?
Meyka AI’s forecast model projects a 12‑month central price of $0.06, implying 100.00% upside from $0.03. Scenario range: bear $0.01, base $0.03, bull $0.08; forecasts are not guarantees.
What are the main risks for SLNA investors?
Main risks include ongoing net losses (EPS -1.49), negative free cash flow per share -1.00, high enterprise value relative to market cap, potential dilution from financing, and sensitivity to travel demand.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.