How should investors evaluate Solid Power Inc (NASDAQ:SLDP)?

Stocks of Solid Power Inc (NASDAQ:SLDP) traded higher last session on Wall Street, up 14.72% to $1.87.

SLDP stock price is now 46.93% away from the 50-day moving average and 43.73% away from the 200-day moving average. The market capitalization of the company currently stands at $335.41M.

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, Liebscher James, Former Officer bought 93,961 shares of the company’s stock on Jun 11 ’25. The stock was bought for $177,588 at an average price of $1.89. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 11 ’25, Former Officer Liebscher James bought 271,796 shares of the business’s stock. A total of $519,159 was incurred on buying the stock at an average price of $1.91. A total of 25.28% 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.

Related Posts

Fosters Research
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.