The price of Solid Power Inc (NASDAQ: SLDP) closed at $1.61 in the last session, down -6.94% from day before closing price of $1.73. On the day, 2408791 shares were traded.
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 11.53 and its Current Ratio is at 11.53. 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:
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 Apr 03 ’24 when Buettner-Garrett Joshua sold 187,500 shares for $1.86 per share. The transaction valued at 348,900 led to the insider holds 692,993 shares of the business.
Buettner-Garrett Joshua sold 187,500 shares of SLDP for $254,700 on Mar 18 ’24. The Chief Technology Officer now owns 336,539 shares after completing the transaction at $1.36 per share. On Feb 07 ’24, another insider, Buettner-Garrett Joshua, who serves as the Chief Technology Officer of the company, sold 187,500 shares for $1.58 each. As a result, the insider received 296,062 and left with 356,433 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 16.75 while its Price-to-Book (P/B) ratio in mrq is 0.57.
Stock Price History:
Over the past 52 weeks, SLDP has reached a high of $3.20, while it has fallen to a 52-week low of $1.10.
Shares Statistics:
A total of 179.01M shares are outstanding, with a floating share count of 132.12M. Insiders hold about 27.04% of the company’s shares, while institutions hold 24.73% stake in the company.
Earnings Estimates
The company has Ballard Power Systems, Inc. analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $1.61, with high estimates of $10.37 and low estimates of $46.52.
Analysts are recommending an EPS of between $Healthcare and $Healthcare for the fiscal current year, implying an average EPS of $Industrials.
