Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Solid Power Inc’s stock clocked out at $1.45, down -2.03% from its previous closing price of $1.48. In other words, the price has decreased by -$2.03 from its previous closing price. On the day, 2.86 million shares were traded.
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 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:
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 Feb 10 ’25 when Buettner-Garrett Joshua sold 187,500 shares for $1.31 per share. The transaction valued at 246,412 led to the insider holds 865,304 shares of the business.
Buettner-Garrett Joshua bought 187,500 shares of SLDP for $249,375 on Feb 10 ’25. On Jan 06 ’25, another insider, Buettner-Garrett Joshua, who serves as the Chief Technology Officer of the company, sold 187,500 shares for $2.09 each. As a result, the insider received 392,288 and left with 865,304 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 14.51 while its Price-to-Book (P/B) ratio in mrq is 0.59.
Stock Price History:
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 -2.76%, while the 200-Day Moving Average is calculated to be -3.11%.
Shares Statistics:
A total of 179.63M shares are outstanding, with a floating share count of 139.82M. Insiders hold about 22.49% of the company’s shares, while institutions hold 24.16% stake in the company.
