Solid Power Inc (NASDAQ:SLDP) has a beta value of 1.40 and has seen 1.91 million shares traded in the last trading session. The company, currently valued at $277.80M, closed the last trade at $1.54 per share which meant it lost -$0.04 on the day or -2.53% during that session. The SLDP stock price is -75.32% off its 52-week high price of $2.70 and 35.06% above the 52-week low of $1.00. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.7 million shares traded. The 3-month trading volume is 4.58 million shares.
The consensus among analysts is that Solid Power Inc (SLDP) is Buy stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.12.
Solid Power Inc (NASDAQ:SLDP) trade information
Sporting -2.53% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SLDP stock price touched $1.54 or saw a rise of 10.98%. Year-to-date, Solid Power Inc shares have moved -18.52%, while the 5-day performance has seen it change -5.52%. Over the past 30 days, the shares of Solid Power Inc (NASDAQ:SLDP) have changed 18.46%. Short interest in the company has seen 23.15 million shares shorted with days to cover at 3.27.
Solid Power Inc (SLDP) estimates and forecasts
The company’s shares have lost -24.14% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 0.52%.
2 analysts offering their estimates for the company have set an average revenue estimate of 3.85M for the current quarter. 1 have an estimated revenue figure of 10.8M for the next ending quarter. Year-ago sales stood 2.35M and 5.95M respectively for this quarter and the next, and analysts expect sales will grow by 64.04% for the current quarter and 0.52% for the next.
Earnings growth for 2025 is a modest -33.78% while over the next 5 years, the company’s earnings are expected to decrease by -7.14%.
SLDP Dividends
Solid Power Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Solid Power Inc (NASDAQ:SLDP)’s Major holders
Insiders own 18.66% of the company shares, while shares held by institutions stand at 26.58% with a share float percentage of 32.68%. Investors are also buoyed by the number of investors in a company, with Solid Power Inc having a total of 167.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 10.43 million shares worth more than $17.2 million. As of 2024-06-30, BLACKROCK INC. held 5.7668% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 7.35 million shares as of 2024-06-30. The firm’s total holdings are worth over $12.12 million and represent 4.0646% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund . As of Oct 31, 2024 , the former fund manager holds about 2.21% shares in the company for having 3.98 shares of worth $6.13 million while later fund manager owns 3.93 shares of worth $6.05 million as of Sep 30, 2024 , which makes it owner of about 2.18% of company’s outstanding stock.
