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The closing price of Solid Power Inc (NASDAQ: SLDP) was $1.37 for the day, up 1.48% from the previous closing price of $1.35. In other words, the price has increased by $1.48 from its previous closing price. On the day, 1.52 million shares were traded. SLDP stock price reached its highest trading level at $1.43 during the session, while it also had its lowest trading level at $1.37.
Ratios:
Our analysis of SLDP’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 7.01 and its Current Ratio is at 7.01. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
On June 08, 2023, Wolfe Research Downgraded its rating to Underperform which previously was Peer Perform but kept the price unchanged to $2.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 10 ’24 when Buettner-Garrett Joshua sold 187,500 shares for $1.21 per share. The transaction valued at 227,250 led to the insider holds 874,136 shares of the business.
Buettner-Garrett Joshua bought 187,500 shares of SLDP for $227,255 on Sep 10 ’24. On Aug 29 ’24, another insider, Goldberg Steven H, who serves as the Director of the company, sold 59,197 shares for $1.45 each. As a result, the insider received 85,836 and left with 82,365 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SLDP now has a Market Capitalization of 245179328 and an Enterprise Value of 113719112. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.42 while its Price-to-Book (P/B) ratio in mrq is 0.54. Its current Enterprise Value per Revenue stands at 5.761 whereas that against EBITDA is -1.341.
Stock Price History:
Over the past 52 weeks, SLDP has reached a high of $2.35, while it has fallen to a 52-week low of $1.10. The 50-Day Moving Average of the stock is -9.77%, while the 200-Day Moving Average is calculated to be -14.19%.
Shares Statistics:
SLDP traded an average of 1.90M shares per day over the past three months and 2148740 shares per day over the past ten days. A total of 179.01M shares are outstanding, with a floating share count of 137.83M. Insiders hold about 22.98% of the company’s shares, while institutions hold 23.09% stake in the company. Shares short for SLDP as of 1726185600 were 14823625 with a Short Ratio of 7.81, compared to 1723680000 on 14385969. Therefore, it implies a Short% of Shares Outstanding of 14823625 and a Short% of Float of 8.459999999999999.
