Is Solid Power Inc (NASDAQ: SLDP) Stock Poised for More Growth?

In the last trading session, 1.67 million Solid Power Inc (NASDAQ:SLDP) shares changed hands as the company’s beta touched 1.81. With the company’s per share price at $1.82 changed hands at -$0.01 or -0.55% during last session, the market valuation stood at $329.58M. SLDP’s last price was a discount, traded about -75.82% off its 52-week high of $3.20. The share price had its 52-week low at $1.10, which suggests the last value was 39.56% up since then. When we look at Solid Power Inc’s average trading volume, we note the 3-month average coming to 2.58 million.

Solid Power Inc (NASDAQ:SLDP) trade information

Instantly SLDP was in red as seen at the end of in last trading. With action 6.43%, the performance over the past five days has been green. The drop to weekly highs of 1.9000 subtracted -0.55% to the stock’s daily price. The company’s shares are showing year-to-date upside of 25.52%, with the 5-day performance at 6.43% in the green. However, in the 30-day time frame, Solid Power Inc (NASDAQ:SLDP) is -1.62% down.

Solid Power Inc (SLDP) estimates and forecasts

Data shows that the Solid Power Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 36.84% over the past 6 months, a -13.51% in annual growth rate that is considerably lower than the industry average of 14.50%.

The 2024 estimates are for Solid Power Inc earnings to decrease by -16.22%.

SLDP Dividends

Solid Power Inc is expected to release its next quarterly earnings report in June.