Solid Power Inc (SLDP) concluded trading on 01/11/24 at a closing price of $1.29, with 5.39 million shares of worth about $6.95 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -56.12% during that period and on Thursday the price saw a loss of about -3.73%. 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 $1.36, above $0.02 from concluding price of the previous day. However, the stock later moved at a day high price of 1.3550, or with a loss of -3.73%. Stock saw a price change of -9.15% in past 5 days and over the past one month there was a price change of -4.44%. Year-to-date (YTD), SLDP shares are showing a performance of -11.03% which decreased to -43.42% 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 2.46 million. The stock is currently trading -6.08% below its 20-day simple moving average (SMA20), while that difference is down -8.46% for SMA50 and it goes to -37.16% lower than SMA200.
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Solid Power Inc (NASDAQ: SLDP) currently have 176.01M outstanding shares and institutions hold larger chunk of about 23.66% of that.
The stock has a current market capitalization of $230.19M 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 8.24% while standing at 8.23% over the month.
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.
