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As of close of business last night, Solid Power Inc’s stock clocked out at $2.20, down -1.79% from its previous closing price of $2.24. In other words, the price has decreased by -$1.79 from its previous closing price. On the day, 2.84 million shares were traded. SLDP stock price reached its highest trading level at $2.27 during the session, while it also had its lowest trading level at $2.15.
Ratios:
To gain a deeper understanding of SLDP’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.35 and its Current Ratio is at 9.35. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jul 09 ’24 when Buettner-Garrett Joshua sold 187,500 shares for $1.66 per share. The transaction valued at 312,056 led to the insider holds 683,057 shares of the business.
Buettner-Garrett Joshua sold 187,500 shares of SLDP for $311,194 on Jun 14 ’24. The Chief Technology Officer now owns 687,473 shares after completing the transaction at $1.66 per share. On May 21 ’24, another insider, Buettner-Garrett Joshua, who serves as the Chief Technology Officer of the company, sold 187,500 shares for $1.68 each. As a result, the insider received 315,075 and left with 687,473 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 396582976 and an Enterprise Value of 252171968. For the stock, the TTM Price-to-Sale (P/S) ratio is 19.90 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 12.885 whereas that against EBITDA is -3.095.
Stock Price History:
The Beta on a monthly basis for SLDP is 1.87, which has changed by -0.19708031 over the last 52 weeks, in comparison to a change of 0.23228896 over the same period for the S&P500. Over the past 52 weeks, SLDP has reached a high of $2.97, while it has fallen to a 52-week low of $1.10. The 50-Day Moving Average of the stock is 25.59%, while the 200-Day Moving Average is calculated to be 37.36%.
Shares Statistics:
It appears that SLDP traded 1.91M shares on average per day over the past three months and 2998720 shares per day over the past ten days. A total of 179.01M shares are outstanding, with a floating share count of 134.35M. Insiders hold about 24.12% of the company’s shares, while institutions hold 23.00% stake in the company. Shares short for SLDP as of 1719532800 were 16199685 with a Short Ratio of 8.49, compared to 1717113600 on 15324846. Therefore, it implies a Short% of Shares Outstanding of 16199685 and a Short% of Float of 9.35.
