Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $1.82 in the prior trading day, Solid Power Inc (NASDAQ: SLDP) closed at $1.75, down -3.85%. In other words, the price has decreased by -$3.85 from its previous closing price. On the day, 3.79 million shares were traded. SLDP stock price reached its highest trading level at $1.87 during the session, while it also had its lowest trading level at $1.7106.
Ratios:
Our goal is to gain a better understanding of SLDP by taking a closer look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 315679008 and an Enterprise Value of 192475424. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.51 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 10.678 whereas that against EBITDA is -2.144.
Stock Price History:
The Beta on a monthly basis for SLDP is 1.46, which has changed by 0.4705882 over the last 52 weeks, in comparison to a change of 0.22263205 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 32.79%, while the 200-Day Moving Average is calculated to be 14.17%.
Shares Statistics:
The stock has traded on average 4.04M shares per day over the past 3-months and 14887980 shares per day over the last 10 days, according to various share statistics. 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 24.08% stake in the company. Shares short for SLDP as of 1734048000 were 14938316 with a Short Ratio of 5.73, compared to 1731628800 on 15388597. Therefore, it implies a Short% of Shares Outstanding of 14938316 and a Short% of Float of 8.459999999999999.
