Solid Power Inc [SLDP] stock prices are up 1.80% to $1.13 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling.
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.
The stock price of Solid Power Inc [SLDP] has been fluctuating between $1.00 and $2.70 over the past year. Solid Power Inc [NASDAQ: SLDP] shares were valued at $1.13 at the most recent close of the market.
Analyzing the SLDP fundamentals
The Solid Power Inc [NASDAQ:SLDP] reported sales of 20.14M for trailing twelve months, representing a surge of 90.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.22, Equity is -0.22 and Total Capital is -0.25. 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 1.1075 points at the first support level, and at 1.0850 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.1550, and for the 2nd resistance point, it is at 1.1800.
Ratios To Look Out For
It’s worth pointing out that Solid Power Inc [NASDAQ:SLDP]’s Current Ratio is 6.27. Also, the Quick Ratio is 6.27, while the Cash Ratio stands at 1.27. Considering the valuation of this stock, the price to sales ratio is 10.21, the price to book ratio is 0.50.
Transactions by insiders
Recent insider trading involved Buettner-Garrett Joshua, Chief Technology Officer, that happened on Mar 06 ’25 when 0.19 million shares were sold. Officer, Buettner-Garrett Joshua completed a deal on Mar 06 ’25 to buy 0.19 million shares. Meanwhile, Chief Technology Officer Buettner-Garrett Joshua sold 0.19 million shares on Feb 10 ’25.
