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Solid Power Inc (NASDAQ: SLDP) closed the day trading at $2.01 down -9.05% from the previous closing price of $2.21. In other words, the price has decreased by -$9.05 from its previous closing price. On the day, 11.61 million shares were traded. SLDP stock price reached its highest trading level at $2.33 during the session, while it also had its lowest trading level at $1.9701.
Ratios:
For a better understanding of SLDP, let’s look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 06 ’25 when Buettner-Garrett Joshua bought 187,500 shares for $2.09 per share.
Buettner-Garrett Joshua sold 187,500 shares of SLDP for $201,412 on Dec 16 ’24. The Chief Technology Officer now owns 869,720 shares after completing the transaction at $1.07 per share. On Dec 16 ’24, another insider, Buettner-Garrett Joshua, who serves as the Officer of the company, bought 187,500 shares for $1.07 each.
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 362579872 and an Enterprise Value of 239376208. For the stock, the TTM Price-to-Sale (P/S) ratio is 21.47 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 13.279 whereas that against EBITDA is -2.666.
Stock Price History:
The Beta on a monthly basis for SLDP is 1.46, which has changed by 0.60144925 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. 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 56.90%, while the 200-Day Moving Average is calculated to be 31.49%.
Shares Statistics:
Over the past 3-months, SLDP traded about 3.71M shares per day on average, while over the past 10 days, SLDP traded about 13978610 shares per day. A total of 179.63M shares are outstanding, with a floating share count of 139.81M. Insiders hold about 22.50% of the company’s shares, while institutions hold 24.08% stake in the company. Shares short for SLDP as of 1734048000 were 14938316 with a Short Ratio of 4.03, compared to 1731628800 on 15388597. Therefore, it implies a Short% of Shares Outstanding of 14938316 and a Short% of Float of 8.459999999999999.