Solid Power Inc [SLDP] stock is trading at $1.33, up 9.02%. An important factor to consider is whether the stock is rising or falling in short-term value. The SLDP shares have gain 0.76% over the last week, with a monthly amount drifted -1.48%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Previously, Wolfe Research downgraded its rating to Underperform on June 08, 2023, and kept the price target unchanged to $2. Citigroup started tracking the stock assigning a Neutral rating and suggested a price target of $3 on December 14, 2022. Stifel initiated its recommendation with a Hold and recommended $5 as its price target on December 02, 2022. DA Davidson downgraded its rating to Neutral for this stock on November 30, 2022, and downed its price target to $5. In a note dated October 31, 2022, Cowen initiated an Market Perform rating.
Solid Power Inc [SLDP] stock has fluctuated between $1.10 and $2.35 over the past year. Solid Power Inc [NASDAQ: SLDP] shares were valued at $1.33 at the most recent close of the market.
Analyzing the SLDP fundamentals
Solid Power Inc [NASDAQ:SLDP] reported sales of 19.74M for the trailing twelve months, which represents a growth of 3.44%. Gross Profit Margin for this corporation currently stands at -0.23% with Operating Profit Margin at -5.06%, Pretax Profit Margin comes in at -3.91%, and Net Profit Margin reading is -3.93%. To continue investigating profitability, this company’s Return on Assets is posted at -0.16, Equity is -0.16 and Total Capital is -0.21. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.2567 points at the first support level, and at 1.1833 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.3667, and for the 2nd resistance point, it is at 1.4033.
Ratios To Look Out For
For context, Solid Power Inc’s Current Ratio is 7.01. On the other hand, the Quick Ratio is 7.01, and the Cash Ratio is 1.34. Considering the valuation of this stock, the price to sales ratio is 12.06, the price to book ratio is 0.52.
Transactions by insiders
Recent insider trading involved Buettner-Garrett Joshua, Chief Technology Officer, that happened on Sep 10 ’24 when 0.19 million shares were sold. Officer, Buettner-Garrett Joshua completed a deal on Sep 10 ’24 to buy 0.19 million shares. Meanwhile, Director Goldberg Steven H sold 59197.0 shares on Aug 29 ’24.
