Solid Power Inc (NASDAQ:SLDP) currently has a daily average trading volume of 2.23M but it saw 2196064 shares traded in last market. With a market cap of 260.08M USD, the company’s current market price of $1.45 came falling about -1.36 while comparing to the previous closing price of $1.47. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.70 and as low as $0.68. In the recent trading on the day, stock has struck highest price mark of $1.4101 while lowest mark touched by it was $1.499.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Wolfe Research which resumed the stock as “Underperform” in its note to investors issued on September 05, 2024, recommending a price target of $1 for it. Wolfe Research downgraded its recommendation for the stock as a “Underperform” from “Peer Perform” on June 08, 2023 while assigning a price target of $2. Needham also issued its recommendations for the stock as it resumed the price target for the stock is $5.
Over the week, SLDP’s stock price is moving -19.89% down while it is 28.32% when we observe its performance for the past one month. Year-to-date it is -23.28% down and over the past year, the stock is showing a downside performance of -18.08%.
The company is expected to be releasing its next quarterly report on 2025-May-06, for which analysts forecasted an EPS of -0.14 while estimate for next year EPS is -0.49. In next quarter, company is expected to be making quarterly sales of $5M as analysts are expecting the sales for current fiscal year at $21M and seeing the company making $24.2M in sales next year. Moreover, analysts are in estimates of $5M for current-quarter revenue.
Currently, Solid Power Inc’s total number of outstanding shares is 182.45M with 19.79% of that held by the insiders while 28.55% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -22.33% and return on equity (ROE) at -20.64%. Stock’s beta reads 1.62. Stock has a price to book (P/B) ratio of 0.67 while price to sale or P/S ratio amounts to 12.88. Its return on asset (ROA) is -19.34% on average.
