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In the latest session, Solid Power Inc (NASDAQ: SLDP) closed at $1.18 down -4.84% from its previous closing price of $1.24. In other words, the price has decreased by -$4.84 from its previous closing price. On the day, 1.55 million shares were traded. SLDP stock price reached its highest trading level at $1.24 during the session, while it also had its lowest trading level at $1.18.
Ratios:
For a deeper understanding of Solid Power Inc’s stock, let’s take a closer look at its various ratios. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 07 ’24 when Buettner-Garrett Joshua sold 187,500 shares for $1.26 per share. The transaction valued at 237,075 led to the insider holds 869,720 shares of the business.
Buettner-Garrett Joshua bought 187,500 shares of SLDP for $237,075 on Oct 07 ’24. On Sep 10 ’24, another insider, Buettner-Garrett Joshua, who serves as the Chief Technology Officer of the company, sold 187,500 shares for $1.21 each. As a result, the insider received 227,250 and left with 874,136 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 221914336 and an Enterprise Value of 79716176. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.70 while its Price-to-Book (P/B) ratio in mrq is 0.46. Its current Enterprise Value per Revenue stands at 4.038 whereas that against EBITDA is -0.94.
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 -9.87%, while the 200-Day Moving Average is calculated to be -25.56%.
Shares Statistics:
For the past three months, SLDP has traded an average of 1.52M shares per day and 1232850 over the past ten days. A total of 179.01M shares are outstanding, with a floating share count of 137.87M. Insiders hold about 22.96% of the company’s shares, while institutions hold 23.10% stake in the company. Shares short for SLDP as of 1728950400 were 15842431 with a Short Ratio of 10.43, compared to 1726185600 on 14823625. Therefore, it implies a Short% of Shares Outstanding of 15842431 and a Short% of Float of 9.04.
