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The price of Solid Power Inc (NASDAQ: SLDP) closed at $1.04 in the last session, up 1.96% from day before closing price of $1.02. In other words, the price has increased by $1.96 from its previous closing price. On the day, 1.87 million shares were traded. SLDP stock price reached its highest trading level at $1.04 during the session, while it also had its lowest trading level at $1.0.
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 Nov 12 ’24 when Buettner-Garrett Joshua sold 187,500 shares for $1.07 per share. The transaction valued at 201,394 led to the insider holds 869,720 shares of the business.
Buettner-Garrett Joshua bought 187,500 shares of SLDP for $213,750 on Nov 12 ’24. On Oct 07 ’24, another insider, Buettner-Garrett Joshua, who serves as the Chief Technology Officer of the company, sold 187,500 shares for $1.26 each. As a result, the insider received 237,075 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 187603520 and an Enterprise Value of 60792424. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.41 while its Price-to-Book (P/B) ratio in mrq is 0.43. Its current Enterprise Value per Revenue stands at 3.372 whereas that against EBITDA is -0.677.
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 $1.00. The 50-Day Moving Average of the stock is -16.42%, while the 200-Day Moving Average is calculated to be -33.41%.
Shares Statistics:
According to the various share statistics, SLDP traded on average about 1.59M shares per day over the past 3-months and 2554040 shares per day over the past 10 days. A total of 179.01M shares are outstanding, with a floating share count of 138.97M. Insiders hold about 22.96% of the company’s shares, while institutions hold 23.96% stake in the company. Shares short for SLDP as of 1730332800 were 15898291 with a Short Ratio of 9.99, compared to 1727654400 on 14942478. Therefore, it implies a Short% of Shares Outstanding of 15898291 and a Short% of Float of 9.04.
