On Tuesday, Solid Power Inc (NASDAQ: SLDP) opened lower -0.79% from the last session, before settling in for the closing price of $1.26. Price fluctuations for SLDP have ranged from $1.10 to $2.35 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 137.11%. Company’s average yearly earnings per share was noted -27.35% at the time writing. With a float of $137.87 million, this company’s outstanding shares have now reached $179.01 million.
Considering the fact that the conglomerate employs 270 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -23.03%, operating margin of -505.78%, and the pretax margin is -390.83%.
Solid Power Inc (SLDP) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Auto Parts industry is another important factor to consider. The insider ownership of Solid Power Inc is 22.96%, while institutional ownership is 23.11%. The most recent insider transaction that took place on Oct 07 ’24, was worth 237,075. In this transaction Chief Technology Officer of this company sold 187,500 shares at a rate of $1.26, taking the stock ownership to the 869,720 shares. Before that another transaction happened on Oct 07 ’24, when Company’s Officer proposed sale 187,500 for $1.26, making the entire transaction worth $237,075.
Solid Power Inc (SLDP) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.08 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.13) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.13 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -27.35% per share during the next fiscal year.
Solid Power Inc (NASDAQ: SLDP) Trading Performance Indicators
Check out the current performance indicators for Solid Power Inc (SLDP). In the past quarter, the stock posted a quick ratio of 7.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.44, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.43 in one year’s time.
Technical Analysis of Solid Power Inc (SLDP)
Compared to the last year’s volume of 2.39 million, its volume of 1.36 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 56.67%. Additionally, its Average True Range was 0.05.
During the past 100 days, Solid Power Inc’s (SLDP) raw stochastic average was set at 5.98%, which indicates a significant decrease from 60.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.15% in the past 14 days, which was lower than the 66.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3190, while its 200-day Moving Average is $1.5850. Nevertheless, the first resistance level for the watch stands at $1.2683 in the near term. At $1.2867, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.3033. If the price goes on to break the first support level at $1.2333, it is likely to go to the next support level at $1.2167. Now, if the price goes above the second support level, the third support stands at $1.1983.
Solid Power Inc (NASDAQ: SLDP) Key Stats
There are currently 178,963K shares outstanding in the company with a market cap of 223.70 million. Presently, the company’s annual sales total 17,410 K according to its annual income of -65,550 K. Last quarter, the company’s sales amounted to 5,080 K and its income totaled -22,270 K.
