A new trading day began on Tuesday, with Solid Power Inc (NASDAQ: SLDP) stock price up 2.56% from the previous day of trading, before settling in for the closing price of $1.17. SLDP’s price has ranged from $1.10 to $2.35 over the past 52 weeks.
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Consumer Cyclical Sector giant saw their annual sales surged by 137.11% over the last five years. Meanwhile, its annual earnings per share averaged -27.35%. With a float of $137.87 million, this company’s outstanding shares have now reached $179.01 million.
The firm has a total of 270 workers. Let’s measure their productivity. 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) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Auto Parts Industry. The insider ownership of Solid Power Inc is 22.96%, while institutional ownership is 23.15%. 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) Earnings and Forecasts
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
Here are Solid Power Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 7.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.88.
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)
Analysing the last 5-days average volume posted by the [Solid Power Inc, SLDP], we can find that recorded value of 1.21 million was lower than the volume posted last year of 2.36 million. As of the previous 9 days, the stock’s Stochastic %D was 39.58%. Additionally, its Average True Range was 0.05.
During the past 100 days, Solid Power Inc’s (SLDP) raw stochastic average was set at 5.74%, which indicates a significant decrease from 43.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.21% in the past 14 days, which was lower than the 66.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.2918, while its 200-day Moving Average is $1.5853. Now, the first resistance to watch is $1.2100. This is followed by the second major resistance level at $1.2200. The third major resistance level sits at $1.2400. If the price goes on to break the first support level at $1.1800, it is likely to go to the next support level at $1.1600. Should the price break the second support level, the third support level stands at $1.1500.
Solid Power Inc (NASDAQ: SLDP) Key Stats
With a market capitalization of 214.76 million, the company has a total of 178,963K Shares Outstanding. Currently, annual sales are 17,410 K while annual income is -65,550 K. The company’s previous quarter sales were 5,080 K while its latest quarter income was -22,270 K.
