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The closing price of Solid Power Inc (NASDAQ: SLDP) was $1.42 for the day, down -0.70% from the previous closing price of $1.43. In other words, the price has decreased by -$0.70 from its previous closing price. On the day, 1.02 million shares were traded. SLDP stock price reached its highest trading level at $1.45 during the session, while it also had its lowest trading level at $1.4.
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 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 December 14, 2022, Citigroup started tracking the stock assigning a Neutral rating and target price of $3.Citigroup initiated its Neutral rating on December 14, 2022, with a $3 target price.
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 Aug 09 ’24 when Roe Lesa B sold 27,900 shares for $1.35 per share. The transaction valued at 37,693 led to the insider holds 149,241 shares of the business.
Roe Lesa B bought 27,900 shares of SLDP for $37,682 on Aug 09 ’24. On Jul 09 ’24, another insider, Buettner-Garrett Joshua, who serves as the Chief Technology Officer of the company, sold 187,500 shares for $1.66 each. As a result, the insider received 312,056 and left with 683,057 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 254127456 and an Enterprise Value of 122667256. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.87 while its Price-to-Book (P/B) ratio in mrq is 0.56. Its current Enterprise Value per Revenue stands at 6.214 whereas that against EBITDA is -1.446.
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 -18.29%, while the 200-Day Moving Average is calculated to be -11.58%.
Shares Statistics:
SLDP traded an average of 1.87M shares per day over the past three months and 2008420 shares per day over the past ten days. A total of 179.01M shares are outstanding, with a floating share count of 135.97M. Insiders hold about 24.12% of the company’s shares, while institutions hold 23.06% stake in the company. Shares short for SLDP as of 1722384000 were 13986869 with a Short Ratio of 7.47, compared to 1719532800 on 16199685. Therefore, it implies a Short% of Shares Outstanding of 13986869 and a Short% of Float of 8.0.
