Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Solid Power Inc (NASDAQ: SLDP) was $1.07 for the day, down -6.96% from the previous closing price of $1.15. In other words, the price has decreased by -$6.96 from its previous closing price. On the day, 2.27 million shares were traded.
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 6.27 and its Current Ratio is at 6.27. 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 Mar 06 ’25 when Buettner-Garrett Joshua sold 187,500 shares for $1.13 per share. The transaction valued at 211,556 led to the insider holds 865,304 shares of the business.
Buettner-Garrett Joshua bought 187,500 shares of SLDP for $210,000 on Mar 06 ’25. On Feb 10 ’25, another insider, Buettner-Garrett Joshua, who serves as the Chief Technology Officer of the company, sold 187,500 shares for $1.31 each. As a result, the insider received 246,412 and left with 865,304 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 9.67 while its Price-to-Book (P/B) ratio in mrq is 0.47.
Stock Price History:
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 -28.78%, while the 200-Day Moving Average is calculated to be -26.56%.
Shares Statistics:
A total of 180.36M shares are outstanding, with a floating share count of 141.09M. Insiders hold about 22.47% of the company’s shares, while institutions hold 23.95% stake in the company.
