Stocks of Solid Power Inc (NASDAQ:SLDP) traded higher last session on Wall Street, up 0.47% to $2.14.
SLDP stock price is now 75.97% away from the 50-day moving average and 41.16% away from the 200-day moving average. The market capitalization of the company currently stands at $421.67M.
On June 08, 2023, Wolfe Research Downgraded its previous ‘Peer Perform’ rating to ‘Underperform’ on the stock keeping its target price maintained at $2, while ‘Needham’ rates the stock as ‘Buy’
In other news, Buettner-Garrett Joshua, Chief Technology Officer sold 187,500 shares of the company’s stock on Dec 16 ’24. The stock was sold for $201,412 at an average price of $1.07. Upon completion of the transaction, the Chief Technology Officer now directly owns 869,720 shares in the company, valued at $1.86 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 16 ’24, Officer Buettner-Garrett Joshua bought 187,500 shares of the business’s stock. A total of $201,418 was incurred on buying the stock at an average price of $1.07. A total of 22.50% of the company’s stock is owned by insiders.
During the past 12 months, Solid Power Inc has had a low of $1.00 and a high of $2.70. As of last week, the company has a debt-to-equity ratio of 0.02, a current ratio of 6.88, and a quick ratio of 6.88. The fifty day moving average price for SLDP is $1.1983 and a two-hundred day moving average price translates $1.5122 for the stock.
The latest earnings results from Solid Power Inc (NASDAQ: SLDP) was released for 2024-09-30. The net profit margin was -471.22% and return on equity was -17.75% for SLDP. The company reported revenue of $4.65 million for the quarter, compared to $6.37 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -26.94 percent.
