Solid Power Inc (SLDP) is destined for greater heights as its last quarter sales were 4,650 K

On Friday, Solid Power Inc (NASDAQ: SLDP) opened higher 15.04% from the last session, before settling in for the closing price of $1.13. Price fluctuations for SLDP have ranged from $1.00 to $2.35 over the past 52 weeks.

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A company in the Consumer Cyclical sector has jumped its sales by 137.11% annually for the last half of the decade. Company’s average yearly earnings per share was noted -29.73% at the time writing. With a float of $139.81 million, this company’s outstanding shares have now reached $179.63 million.

In an organization with 270 employees, it is important to assess its efficiency. 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 22.50%, while institutional ownership is 24.06%. The most recent insider transaction that took place on Dec 16 ’24, was worth 201,412. 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 Dec 16 ’24, when Company’s Officer proposed sale 187,500 for $1.07, making the entire transaction worth $201,418.

Solid Power Inc (SLDP) Performance Highlights and Predictions

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 -29.73% 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 14.96.

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 -0.48 in one year’s time.

Technical Analysis of Solid Power Inc (SLDP)

Let’s dig in a bit further. During the last 5-days, its volume was 4.87 million. That was better than the volume of 2.37 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 46.46%. Additionally, its Average True Range was 0.09.

During the past 100 days, Solid Power Inc’s (SLDP) raw stochastic average was set at 33.33%, which indicates a significant decrease from 75.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 82.26% in the past 14 days, which was higher than the 70.18% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.1609, while its 200-day Moving Average is $1.5068. However, in the short run, Solid Power Inc’s stock first resistance to watch stands at $1.3667. Second resistance stands at $1.4333. The third major resistance level sits at $1.5667. If the price goes on to break the first support level at $1.1667, it is likely to go to the next support level at $1.0333. Assuming the price breaks the second support level, the third support level stands at $0.9667.

Solid Power Inc (NASDAQ: SLDP) Key Stats

There are currently 180,388K shares outstanding in the company with a market cap of 269.78 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.