Solid Power Inc (SLDP) concluded trading on Tuesday at a closing price of $1.50, with 3.77 million shares of worth about $5.65 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -8.33% during that period and on December 24, 2024 the price saw a gain of about 5.63%. Currently the company’s common shares owned by public are about 179.63M shares, out of which, 139.81M shares are available for trading.
Stock saw a price change of 41.28% in past 5 days and over the past one month there was a price change of 40.00%. Year-to-date (YTD), SLDP shares are showing a performance of 6.21% which increased to 6.94% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.00 but also hit the highest price of $2.35 during that period. The average intraday trading volume for Solid Power Inc shares is 1.90 million. The stock is currently trading 28.31% above its 20-day simple moving average (SMA20), while that difference is up 28.35% for SMA50 and it goes to -0.44% lower than SMA200.
Solid Power Inc (NASDAQ: SLDP) currently have 179.63M outstanding shares and institutions hold larger chunk of about 24.06% of that.
The stock has a current market capitalization of $285.82M and its 3Y-monthly beta is at 1.66. It has posted earnings per share of -$0.47 in the same period. It has Quick Ratio of 6.88 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 15.51% while standing at 7.62% over the month.
Stock’s fiscal year EPS is expected to drop by -29.73%.
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 September 05, 2024 offering an Underperform rating for the stock and assigned a target price of $1 to it. Coverage by Wolfe Research stated Solid Power Inc (SLDP) stock as an Underperform in their note to investors on June 08, 2023, suggesting a price target of $2 for the stock. On March 08, 2023, Needham Resumed their recommendations, while on December 14, 2022, Citigroup Initiated their ratings for the stock with a price target of $3. Stock get a Hold rating from Stifel on December 02, 2022.
