Solid Power Inc (SLDP) concluded trading on Thursday at a closing price of $2.12, with 3.12 million shares of worth about $6.61 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 78.15% during that period and on July 18, 2024 the price saw a loss of about -3.64%. Currently the company’s common shares owned by public are about 179.01M shares, out of which, 134.35M shares are available for trading.
Stock saw a price change of 7.61% in past 5 days and over the past one month there was a price change of 26.95%. Year-to-date (YTD), SLDP shares are showing a performance of 46.21% which decreased to -25.09% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.10 but also hit the highest price of $2.96 during that period. The average intraday trading volume for Solid Power Inc shares is 1.94 million. The stock is currently trading 19.50% above its 20-day simple moving average (SMA20), while that difference is up 20.50% for SMA50 and it goes to 32.26% higher than SMA200.
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Solid Power Inc (NASDAQ: SLDP) currently have 179.01M outstanding shares and institutions hold larger chunk of about 23.00% of that.
The stock has a current market capitalization of $375.35M and its 3Y-monthly beta is at 1.82. It has posted earnings per share of -$0.38 in the same period. It has Quick Ratio of 9.35 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 8.43% while standing at 6.24% over the month.
Stock’s fiscal year EPS is expected to drop by -7.43% while it is estimated to decrease by -8.81% in next year.
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. Coverage by Needham stated Solid Power Inc (SLDP) stock as a Buy in their note to investors on March 08, 2023, suggesting a price target of $5 for the stock. On December 14, 2022, Citigroup Initiated their recommendations, while on December 02, 2022, Stifel Initiated their ratings for the stock with a price target of $5. Stock get a Neutral rating from DA Davidson on November 30, 2022.
