Solid Power Inc (NASDAQ: SLDP) is -26.90% lower on its value in year-to-date trading and has touched a low of $1.06 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 $1.16 in the last trading session, with the day’s loss setting it -0.1%.
Currently trading at $1.06, the stock is -12.09% and -16.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.67 million and changing -9.01% at the moment leaves the stock -32.78% off its SMA200. SLDP registered -21.48% loss for a year compared to 6-month loss of -46.73%. The firm has a 50-day simple moving average (SMA 50) of $1.2707 and a 200-day simple moving average (SMA200) of $1.5802.
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The stock witnessed a -17.19% gain in the last 1 month and extending the period to 3 months gives it a -23.19%, and is -11.67% 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 7.71% over the week and 4.39% over the month.
Solid Power Inc (SLDP) has around 270 employees, a market worth around $191.21M and $18.03M in sales. Profit margin for the company is -471.22%. Distance from 52-week low is 0.00% and -54.89% from its 52-week high. The company has generated returns on investments over the last 12 months (-18.99%).
with sales reaching $3.94M over the same period.The EPS is expected to shrink by -26.68% this year, but quarterly earnings will post 11.10% year-over-year. Quarterly sales are estimated to grow 67.90% in year-over-year returns.
Solid Power Inc (SLDP) Top Institutional Holders
178.0 institutions hold shares in Solid Power Inc (SLDP), with institutional investors hold 33.52% of the company’s shares. The shares outstanding are 179.01M, and float is at 137.87M with Short Float at 11.53%. Institutions hold 25.96% 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
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Solid Power Inc disclosed in a document filed with the SEC on Oct 07 ’24 that Buettner-Garrett Joshua (Chief Technology Officer) sold a total of 187,500 shares of the company’s common stock. The trade occurred on Oct 07 ’24 and was made at $1.26 per share for $0.24 million. Following the transaction, the insider now directly holds 0.87 million shares of the SLDP stock.
Still, SEC filings show that on Oct 07 ’24, Buettner-Garrett Joshua (Officer) Proposed Sale 187,500 shares at an average price of $1.26 for $0.24 million. The insider now directly holds shares of Solid Power Inc (SLDP).
