Solid Power Inc (NASDAQ: SLDP) is -13.10% lower on its value in year-to-date trading and has touched a low of $1.10 and a high of $2.35 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SLDP stock was last observed hovering at around $1.35 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $1.26, the stock is -5.12% and -15.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.23 million and changing -6.67% at the moment leaves the stock -21.11% off its SMA200. SLDP registered -37.62% loss for a year compared to 6-month loss of -34.03%. The firm has a 50-day simple moving average (SMA 50) of $1.4725 and a 200-day simple moving average (SMA200) of $1.5967.
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The stock witnessed a -11.89% gain in the last 1 month and extending the period to 3 months gives it a -22.70%, and is -10.64% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.89% over the week and 6.25% over the month.
Solid Power Inc (SLDP) has around 270 employees, a market worth around $225.49M and $19.74M in sales. Profit margin for the company is -393.42%. Distance from 52-week low is 14.29% and -46.38% from its 52-week high. The company has generated returns on investments over the last 12 months (-16.71%).
with sales reaching $3.55M over the same period.The EPS is expected to shrink by -29.45% this year, but quarterly earnings will post 13.60% year-over-year. Quarterly sales are estimated to shrink -44.20% in year-over-year returns.
Solid Power Inc (SLDP) Top Institutional Holders
181.0 institutions hold shares in Solid Power Inc (SLDP), with institutional investors hold 33.91% of the company’s shares. The shares outstanding are 179.01M, and float is at 137.83M with Short Float at 10.76%. Institutions hold 26.20% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 10.43 million shares valued at $17.2 million. The investor’s holdings represent 5.7668% of the SLDP Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 7.35 million shares valued at $12.12 million to account for 4.0646 of the shares outstanding. The other top investors are RIVERSTONE HOLDINGS LLC which holds 4.55 million shares representing 2.5141% and valued at over $7.5 million, while INVESCO LTD. holds 1.8603 of the shares totaling 3.36 million with a market value of $5.55 million.
Solid Power Inc (SLDP) Insider Activity
The most recent transaction is an insider sale by Buettner-Garrett Joshua, the company’s Chief Technology Officer. SEC filings show that Buettner-Garrett Joshua sold 187,500 shares of the company’s common stock on Sep 10 ’24 at a price of $1.21 per share for a total of $0.23 million. Following the sale, the insider now owns 0.87 million shares.
Still, SEC filings show that on Aug 29 ’24, Goldberg Steven H (Director) disposed off 59,197 shares at an average price of $1.45 for $85836.0. The insider now directly holds 82,365 shares of Solid Power Inc (SLDP).
