Solid Power Inc (NASDAQ:SLDP)’s traded shares stood at 0.53 million during the latest session, with the company’s beta value hitting 1.71. At the last check today, the stock’s price was $1.11, to imply an increase of 4.25% or $0.05 in intraday trading. The SLDP share’s 52-week high remains $2.35, putting it -111.71% down since that peak but still an impressive 9.91% since price per share fell to its 52-week low of $1.00. The company has a valuation of $199.33M, with an average of 1.71 million shares in intraday trading volume over the past 10 days and average of 1.66 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Solid Power Inc (SLDP), translating to a mean rating of 2.50. Of 1 analyst(s) looking at the stock, 0 analyst(s) give SLDP a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.13.
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Solid Power Inc (NASDAQ:SLDP) trade information
After registering a 4.25% upside in the latest session, Solid Power Inc (SLDP) has traded red over the past five days. The 5-day price performance for the stock is -4.74%, and -5.56% over 30 days. With these gigs, the year-to-date price performance is -23.79%. Short interest in Solid Power Inc (NASDAQ:SLDP) saw shorts transact 15.39 million shares and set a 8.9 days time to cover.
Solid Power Inc (SLDP) estimates and forecasts
The rating firms project that company’s revenue will grow 0.52% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 3.85M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 10.8M.Earnings reports from the last fiscal year show that sales brought in 2.35M and 5.95M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 64.04% before jumping 81.42% in the following quarter.
SLDP Dividends
Solid Power Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Solid Power Inc (NASDAQ:SLDP)’s Major holders
Solid Power Inc insiders hold 22.54% of total outstanding shares, with institutional holders owning 27.09% of the shares at 34.97% float percentage. In total, 27.09% institutions holds shares in the company, led by BLACKROCK INC. As of 2024-06-30, the company held over 10.43 million shares (or 5.7668% of shares), all amounting to roughly $17.2 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 7.35 million shares, or about 4.0646% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $12.12 million.
We also have iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Solid Power Inc (SLDP) shares. Going by data provided on Sep 30, 2024, iShares Russell 2000 ETF holds roughly 4.03 shares. This is just over 2.23% of the total shares, with a market valuation of $4.43 million. Data from the same date shows that the other fund manager holds a little less at 3.93, or 2.18% of the shares, all valued at about 4.32 million.
