Currently, there are 182.45M common shares owned by the public and among those 134.02M shares have been available to trade.
The company’s stock has a 5-day price change of 10.88% and 46.85% over the past three months. SLDP shares are trading -13.76% year to date (YTD), with the 12-month market performance down to -2.98% lower. It has a 12-month low price of $0.68 and touched a high of $2.70 over the same period. SLDP has an average intraday trading volume of 2.36 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 10.10%, 29.74%, and 25.51% respectively.
Institutional ownership of Solid Power Inc (NASDAQ: SLDP) shares accounts for 26.01% of the company’s 182.45M shares outstanding.
It has a market capitalization of $292.36M and a beta (3y monthly) value of 1.62. The earnings-per-share (ttm) stands at -$0.50. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.03% over the week and 6.36% over the month.
Earnings per share for the fiscal year are expected to increase by 9.26%, and -2.04% over the next financial year. EPS should grow at an annualized rate of 17.79% over the next five years, compared to -27.17% over the past 5-year period.
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.
