Solid Power Inc (SLDP) Performance and Fundamentals Dashboard tells a completely different story

With 3.62 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.5 million shares. During the session, the Electrical Equipment & Parts company that operates in wider Industrials sector, reached to the highest price of $2.019 whereas the lowest price it dropped to was $1.88. The 52-week range on SLDP shows that it touched its highest point at $3.20 and its lowest point at $1.10 during that stretch. It currently has a 1-year price target of $3.62. Beta for the stock currently stands at 1.82.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SLDP was up-trending over the past week, with a rise of 11.17%, but this was up by 25.95% over a month. Three-month performance surged to 23.60% while six-month performance rose 47.41%. The stock gained 0.51% in the past year, while it has gained 37.24% so far this year. A look at the trailing 12-month EPS for SLDP yields -0.38 with Next year EPS estimates of -0.45. For the next quarter, that number is -0.08. This implies an EPS growth rate of -11.35% for this year and -8.74% for next year.

Float and Shares Shorts:

At present, 179.01 million SLDP shares are outstanding with a float of 136.62 million shares on hand for trading. On 2024-04-30, short shares totaled 15.94 million, which was 893.9999 higher than short shares on 1711584000. In addition to Mr. John C. Van Scoter as the firm’s CEO, President & Director, Mr. Kevin A. Paprzycki serves as its CFO & Treasurer.

Institutional Ownership:

Through their ownership of 0.28195 of SLDP’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, SLDP reported revenue of $5953000.0 and operating income of -$25781000.0. The EBITDA in the recently reported quarter was -$16548000.0 and diluted EPS was -$0.12.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SLDP since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.