Currently, there are 179.63M common shares owned by the public and among those 139.81M shares have been available to trade.
The company’s stock has a 5-day price change of 13.33% and 75.40% over the past three months. SLDP shares are trading 16.93% year to date (YTD), with the 12-month market performance up to 71.32% higher. It has a 12-month low price of $1.00 and touched a high of $2.70 over the same period. SLDP has an average intraday trading volume of 3.53 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 52.73%, 74.72%, and 44.80% respectively.
Institutional ownership of Solid Power Inc (NASDAQ: SLDP) shares accounts for 24.08% of the company’s 179.63M shares outstanding.
It has a market capitalization of $425.62M and a beta (3y monthly) value of 1.45. The earnings-per-share (ttm) stands at -$0.47. Price movements for the stock have been influenced by the stock’s volatility, which stands at 20.04% over the week and 12.08% over the month.
Earnings per share for the fiscal year are expected to decrease by -33.78%, and 3.03% over the next financial year.
Looking at the support for the SLDP, a number of firms have released research notes about the stock. Wolfe Research stated their Underperform rating for the stock in a research note on September 05, 2024, with the firm’s price target at $1. Wolfe Research coverage for the Solid Power Inc (SLDP) stock in a research note released on June 08, 2023 offered a Underperform rating with a price target of $2. Needham was of a view on March 08, 2023 that the stock is Buy, while Citigroup gave the stock Neutral rating on December 14, 2022, issuing a price target of $3. Stifel on their part issued Hold rating on December 02, 2022.
