Solid Power Inc (NASDAQ: SLDP) is -18.25% lower on its value in year-to-date trading and has touched a low of $1.00 and a high of $2.70 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 $1.71 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $1.54, the stock is -6.41% and 15.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.35 million and changing -9.65% at the moment leaves the stock 0.91% off its SMA200. SLDP registered 19.77% gain for a year compared to 6-month loss of -28.47%. The firm has a 50-day simple moving average (SMA 50) of $1.3271 and a 200-day simple moving average (SMA200) of $1.53295.
The stock witnessed a 35.53% gain in the last 1 month and extending the period to 3 months gives it a 19.77%, and is -23.13% 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 12.20% over the week and 14.25% over the month.
Solid Power Inc (SLDP) has around 270 employees, a market worth around $278.70M and $18.03M in sales. Profit margin for the company is -471.22%. Distance from 52-week low is 54.50% and -42.78% from its 52-week high. The company has generated returns on investments over the last 12 months (-18.99%).
with sales reaching $3.85M over the same period.The EPS is expected to shrink by -33.78% this year, but quarterly earnings will post 0.52% year-over-year. Quarterly sales are estimated to grow 64.04% in year-over-year returns.
Solid Power Inc (SLDP) Top Institutional Holders
170.0 institutions hold shares in Solid Power Inc (SLDP), with institutional investors hold 32.63% of the company’s shares. The shares outstanding are 179.63M, and float is at 139.85M with Short Float at 16.55%. Institutions hold 26.54% 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 Jan 06 ’25 at a price of $2.09 per share for a total of $0.39 million. Following the sale, the insider now owns 0.87 million shares.
Still, SEC filings show that on Dec 16 ’24, Buettner-Garrett Joshua (Chief Technology Officer) disposed off 187,500 shares at an average price of $1.07 for $0.2 million. The insider now directly holds 869,720 shares of Solid Power Inc (SLDP).
