In yesterday’s Wall Street session, Solid Power Inc (NASDAQ:SLDP) shares traded at $1.81, up 9.04% from the previous session.
SLDP stock price is now 53.40% away from the 50-day moving average and 39.96% away from the 200-day moving average. The market capitalization of the company currently stands at $324.64M.
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, Goldberg Steven H, Director sold 82,365 shares of the company’s stock on May 27 ’25. The stock was sold for $133,481 at an average price of $1.62. Upon completion of the transaction, the Director now directly owns 118,808 shares in the company, valued at $0.22 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 27 ’25, Former Officer Liebscher James bought 50,000 shares of the business’s stock. A total of $80,135 was incurred on buying the stock at an average price of $1.60. A total of 25.34% of the company’s stock is owned by insiders.
During the past 12 months, Solid Power Inc has had a low of $0.68 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 23.90, and a quick ratio of 23.90.
The net profit margin was -447.80% and return on equity was -20.64% for SLDP. The company reported revenue of $6.02 million for the quarter, compared to $5.95 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.06 percent. For the current quarter, analysts expect SLDP to generate $5M in revenue.
