Solid Power Inc (NASDAQ:SLDP) currently has a daily average trading volume of 3.14M but it saw 5778512 shares traded in last market. With a market cap of 355.14M USD, the company’s current market price of $1.98 came rising about 2.59 while comparing to the previous closing price of $1.93. 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.
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 5.88% up while it is 52.31% when we observe its performance for the past one month. Year-to-date it is 4.76% up and over the past year, the stock is showing an upside performance of 18.56%.
Currently, Solid Power Inc’s total number of outstanding shares is 182.45M. Company’s return on investment (ROI) stands at -22.33% and return on equity (ROE) at -20.64%. Stock’s beta reads 1.63. Stock has a price to book (P/B) ratio of 0.91 while price to sale or P/S ratio amounts to 17.58. Its return on asset (ROA) is -19.34% on average.
