Solid Power Inc (SLDP) is ready for next Episode as it posted an annual sales of 17,410 K

On Friday, Solid Power Inc (NASDAQ: SLDP) opened higher 2.80% from the last session, before settling in for the closing price of $1.07. Price fluctuations for SLDP have ranged from $1.00 to $2.35 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 137.11%. Company’s average yearly earnings per share was noted -25.32% at the time writing. With a float of $138.97 million, this company’s outstanding shares have now reached $179.01 million.

The extent of productivity of a business whose workforce counts for 270 workers is very important to gauge. In terms of profitability, gross margin is -33.57%, operating margin of -587.71%, and the pretax margin is -466.3%.

Solid Power Inc (SLDP) Insider Updates

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 24.04%. The most recent insider transaction that took place on Nov 12 ’24, was worth 201,394. In this transaction Chief Technology Officer of this company sold 187,500 shares at a rate of $1.07, taking the stock ownership to the 869,720 shares. Before that another transaction happened on Nov 12 ’24, when Company’s Officer proposed sale 187,500 for $1.14, making the entire transaction worth $213,750.

Solid Power Inc (SLDP) Performance Highlights and Predictions

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.11 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.12) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -25.32% 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 6.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.31.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.47, a number that is poised to hit -0.13 in the next quarter and is forecasted to reach -0.43 in one year’s time.

Technical Analysis of Solid Power Inc (SLDP)

The latest stats from [Solid Power Inc, SLDP] show that its last 5-days average volume of 1.74 million was inferior to 2.36 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 40.35%. Additionally, its Average True Range was 0.06.

During the past 100 days, Solid Power Inc’s (SLDP) raw stochastic average was set at 7.41%, which indicates a significant decrease from 50.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.24% in the past 14 days, which was lower than the 67.19% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.2297, while its 200-day Moving Average is $1.5539. Now, the first resistance to watch is $1.1300. This is followed by the second major resistance level at $1.1600. The third major resistance level sits at $1.1900. If the price goes on to break the first support level at $1.0700, it is likely to go to the next support level at $1.0400. Assuming the price breaks the second support level, the third support level stands at $1.0100.

Solid Power Inc (NASDAQ: SLDP) Key Stats

There are currently 180,388K shares outstanding in the company with a market cap of 203.99 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 4,650 K and its income totaled -22,420 K.