At the time of writing, Solid Power Inc [SLDP] stock is trading at $1.20, up 6.19%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SLDP shares have gain 10.09% over the last week, with a monthly amount glided 29.46%, and seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of Solid Power Inc fluctuated between $0.68 and $2.70. Solid Power Inc [NASDAQ: SLDP] shares were valued at $1.20 at the most recent close of the market.
Analyzing the SLDP fundamentals
According to Solid Power Inc [NASDAQ:SLDP], the company’s sales were 20.20M for trailing twelve months, which represents an 1.06% jump. To continue investigating profitability, this company’s Return on Assets is posted at -0.21, Equity is -0.22 and Total Capital is -0.24. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.
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 1.1300 points at the first support level, and at 1.0600 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.2600, and for the 2nd resistance point, it is at 1.3200.
Ratios To Look Out For
It is important to note that Solid Power Inc [NASDAQ:SLDP] has a current ratio of 23.90. As well, the Quick Ratio is 6.27, while the Cash Ratio is 1.27. Considering the valuation of this stock, the price to sales ratio is 10.83, the price to book ratio is 0.55.
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.
