During the last session, Solid Power Inc (NASDAQ:SLDP)’s traded shares were 1.35 million, with the beta value of the company hitting 1.80. At the end of the trading day, the stock’s price was $1.69, reflecting an intraday loss of -1.17% or -$0.02. The 52-week high for the SLDP share is $3.20, that puts it down -89.35 from that peak though still a striking 34.91% gain since the share price plummeted to a 52-week low of $1.10. The company’s market capitalization is $306.04M, and the average trade volume was 3.05 million shares over the past three months.
Solid Power Inc (NASDAQ:SLDP) trade information
Solid Power Inc (SLDP) registered a -1.17% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -1.17% in intraday trading to $1.69, hitting a weekly high. The stock’s 5-day price performance is 6.29%, and it has moved by 6.29% in 30 days. Based on these gigs, the overall price performance for the year is -27.16%.
Solid Power Inc (SLDP) estimates and forecasts
Statistics show that Solid Power Inc has underperformed its competitors in share price, compared to the industry in which it operates. Solid Power Inc (SLDP) shares have gone up 23.36% during the last six months, with a year-to-date growth rate less than the industry average at -13.51% against 12.10. In the rating firms’ projections, revenue will increase 22.50% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 4.83M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 5.07M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 3.79M and 4.91M respectively. In this case, analysts expect current quarter sales to grow by 27.40% and then jump by 3.30% in the coming quarter.
While earnings are projected to return -16.22% in 2024.
SLDP Dividends
Solid Power Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
