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The price of Solid Power Inc (NASDAQ: SLDP) closed at $1.36 in the last session, down -6.85% from day before closing price of $1.46. In other words, the price has decreased by -$6.85 from its previous closing price. On the day, 2.19 million shares were traded. SLDP stock price reached its highest trading level at $1.5095 during the session, while it also had its lowest trading level at $1.36.
Ratios:
We take a closer look at SLDP’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 243389696 and an Enterprise Value of 111929488. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.33 while its Price-to-Book (P/B) ratio in mrq is 0.53. Its current Enterprise Value per Revenue stands at 5.67 whereas that against EBITDA is -1.32.
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 -14.14%, while the 200-Day Moving Average is calculated to be -14.87%.
Shares Statistics:
According to the various share statistics, SLDP traded on average about 1.87M shares per day over the past 3-months and 2100180 shares per day over the past 10 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 23.05% stake in the company. Shares short for SLDP as of 1724976000 were 14485104 with a Short Ratio of 7.73, compared to 1722384000 on 13986869. Therefore, it implies a Short% of Shares Outstanding of 14485104 and a Short% of Float of 8.270001.
