Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
The price of Solid Power Inc (NASDAQ: SLDP) closed at $1.54 in the last session, down -2.53% from day before closing price of $1.58. In other words, the price has decreased by -$2.53 from its previous closing price. On the day, 1.91 million shares were traded. SLDP stock price reached its highest trading level at $1.65 during the session, while it also had its lowest trading level at $1.53.
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 6.88 and its Current Ratio is at 6.88. 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 Jan 06 ’25 when Buettner-Garrett Joshua sold 187,500 shares for $2.09 per share. The transaction valued at 392,288 led to the insider holds 865,304 shares of the business.
Buettner-Garrett Joshua bought 187,500 shares of SLDP for $392,282 on Jan 06 ’25. On Dec 16 ’24, another insider, Buettner-Garrett Joshua, who serves as the Chief Technology Officer of the company, sold 187,500 shares for $1.07 each. As a result, the insider received 201,412 and left with 869,720 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 277797504 and an Enterprise Value of 154594016. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.41 while its Price-to-Book (P/B) ratio in mrq is 0.63. Its current Enterprise Value per Revenue stands at 8.576 whereas that against EBITDA is -1.722.
Stock Price History:
The Beta on a monthly basis for SLDP is 1.40, which has changed by -0.109826565 over the last 52 weeks, in comparison to a change of 0.23809385 over the same period for the S&P500. Over the past 52 weeks, SLDP has reached a high of $2.70, while it has fallen to a 52-week low of $1.00. The 50-Day Moving Average of the stock is 10.66%, while the 200-Day Moving Average is calculated to be 1.29%.
Shares Statistics:
According to the various share statistics, SLDP traded on average about 4.58M shares per day over the past 3-months and 3701290 shares per day over the past 10 days. A total of 179.63M shares are outstanding, with a floating share count of 139.85M. Insiders hold about 22.47% of the company’s shares, while institutions hold 24.12% stake in the company. Shares short for SLDP as of 1735603200 were 23145683 with a Short Ratio of 5.06, compared to 1732838400 on 14729608. Therefore, it implies a Short% of Shares Outstanding of 23145683 and a Short% of Float of 13.100000000000001.
