Solid Power Inc (SLDP) concluded trading on 12/28/23 at a closing price of $1.47, with 5.13 million shares of worth about $7.54 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -42.13% during that period and on Thursday the price saw a gain of about 0.68%. Currently the company’s common shares owned by public are about 176.01M shares, out of which, 131.70M shares are available for trading.
Solid Power Inc (NASDAQ: SLDP) started trading at $1.49, above $0.03 from concluding price of the previous day. However, the stock later moved at a day high price of 1.5500, or with a gain of 0.68%. Stock saw a price change of 15.75% in past 5 days and over the past one month there was a price change of 6.52%. Year-to-date (YTD), SLDP shares are showing a performance of -42.13% which decreased to -34.67% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.20 but also hit the highest price of $3.86 during that period. The average intraday trading volume for Solid Power Inc shares is 2.18 million. The stock is currently trading 5.15% above its 20-day simple moving average (SMA20), while that difference is up 3.22% for SMA50 and it goes to -30.55% lower than SMA200.
Solid Power Inc (NASDAQ: SLDP) currently have 176.01M outstanding shares and institutions hold larger chunk of about 23.33% of that.
The stock has a current market capitalization of $262.31M and its 3Y-monthly beta is at 1.71. It has posted earnings per share of -$0.27 in the same period. It has Quick Ratio of 17.12 while making debt-to-equity ratio of 0.02. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SLDP, volatility over the week remained 7.61% while standing at 7.90% over the month.
Analysts are in expectations that Solid Power Inc (SLDP) stock would likely to be making an EPS of -$0.13 in the current quarter, while forecast for next quarter EPS is -$0.09 and it is -$0.47 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.14 which is -$0.11 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -668.00% while it is estimated to decrease by -21.35% in next year.
Analysts at 5 brokerage firms have issued recommendations for the Solid Power Inc (SLDP)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.20. Out of those 5 Wall Street analysts, 2 recommended a “Buy” rating, while 3 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wolfe Research on June 08, 2023 offering an Underperform rating for the stock and assigned a target price of $2 to it.
