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As of close of business last night, Solid Power Inc’s stock clocked out at $1.33, up 2.31% from its previous closing price of $1.30. In other words, the price has increased by $2.31 from its previous closing price. On the day, 1.23 million shares were traded. SLDP stock price reached its highest trading level at $1.36 during the session, while it also had its lowest trading level at $1.315.
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 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 June 08, 2023, Wolfe Research Downgraded its rating to Underperform which previously was Peer Perform but kept the price unchanged to $2.
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 Sep 10 ’24 when Buettner-Garrett Joshua sold 187,500 shares for $1.21 per share. The transaction valued at 227,250 led to the insider holds 874,136 shares of the business.
Buettner-Garrett Joshua bought 187,500 shares of SLDP for $227,255 on Sep 10 ’24. On Aug 29 ’24, another insider, Goldberg Steven H, who serves as the Director of the company, sold 59,197 shares for $1.45 each. As a result, the insider received 85,836 and left with 82,365 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 238020816 and an Enterprise Value of 106560600. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.06 while its Price-to-Book (P/B) ratio in mrq is 0.52. Its current Enterprise Value per Revenue stands at 5.398 whereas that against EBITDA is -1.256.
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 -18.58%, while the 200-Day Moving Average is calculated to be -16.90%.
Shares Statistics:
It appears that SLDP traded 1.78M shares on average per day over the past three months and 1463620 shares per day over the past ten days. A total of 179.01M shares are outstanding, with a floating share count of 137.83M. Insiders hold about 22.98% of the company’s shares, while institutions hold 23.06% stake in the company. Shares short for SLDP as of 1724976000 were 14485104 with a Short Ratio of 8.15, compared to 1722384000 on 13986869. Therefore, it implies a Short% of Shares Outstanding of 14485104 and a Short% of Float of 8.270001.
