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The price of Solid Power Inc (NASDAQ: SLDP) closed at $1.27 in the last session, down -5.93% from day before closing price of $1.35. In other words, the price has decreased by -$5.93 from its previous closing price. On the day, 2.71 million shares were traded.
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 Feb 10 ’25 when Buettner-Garrett Joshua sold 187,500 shares for $1.31 per share. The transaction valued at 246,412 led to the insider holds 865,304 shares of the business.
Buettner-Garrett Joshua bought 187,500 shares of SLDP for $249,375 on Feb 10 ’25. On Jan 06 ’25, another insider, Buettner-Garrett Joshua, who serves as the Chief Technology Officer of the company, sold 187,500 shares for $2.09 each. As a result, the insider received 392,288 and left with 865,304 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 12.71 while its Price-to-Book (P/B) ratio in mrq is 0.52.
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 -15.60%, while the 200-Day Moving Average is calculated to be -14.69%.
Shares 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 24.16% stake in the company.
Earnings Estimates
The current assessment of Solid Power Inc (SLDP) involves the perspectives of 2.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.1 and low estimates of -$0.1.
Analysts are recommending an EPS of between -$0.49 and -$0.5 for the fiscal current year, implying an average EPS of -$0.5. EPS for the following year is -$0.48, with 2.0 analysts recommending between -$0.4 and -$0.56.
Revenue Estimates
According to 2 analysts, the current quarter’s revenue is expected to be $3.85M. It ranges from a high estimate of $4.7M to a low estimate of $3M. As of the current estimate, Solid Power Inc’s year-ago sales were $2.35MFor the next quarter, 2 analysts are estimating revenue of $10.8M. There is a high estimate of $10.8M for the next quarter, whereas the lowest estimate is $10.8M.
A total of 2 analysts have provided revenue estimates for SLDP’s current fiscal year. The highest revenue estimate was $18M, while the lowest revenue estimate was $17M, resulting in an average revenue estimate of $17.5M. In the same quarter a year ago, actual revenue was $17.41MBased on 2 analysts’ estimates, the company’s revenue will be $34.2M in the next fiscal year. The high estimate is $43M and the low estimate is $25.4M.
