Solid Power Inc (NASDAQ:SLDP) Down Almost -34.74% In 1 Month, Long Term Looking Good As Well

In last trading session, Solid Power Inc (NASDAQ:SLDP) saw 2.43 million shares changing hands with its beta currently measuring 1.41. Company’s recent per share price level of $1.39 trading at -$0.03 or -2.11% at ring of the bell on the day assigns it a market valuation of $250.74M. That closing price of SLDP’s stock is at a discount of -94.24% from its 52-week high price of $2.70 and is indicating a premium of 28.06% from its 52-week low price of $1.00. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.87 million shares which gives us an average trading volume of 4.61 million if we extend that period to 3-months.

For Solid Power Inc (SLDP), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

Solid Power Inc (NASDAQ:SLDP) trade information

Upright in the red during last session for losing -2.11%, in the last five days SLDP remained trading in the red while hitting it’s week-highest on Friday, 01/24/25 when the stock touched $1.39 price level, adding 15.76% to its value on the day. Solid Power Inc’s shares saw a change of -26.46% in year-to-date performance and have moved -12.03% in past 5-day. Solid Power Inc (NASDAQ:SLDP) showed a performance of -34.74% in past 30-days. Number of shares sold short was 19.28 million shares which calculate 1.95 days to cover the short interests.

In 2025, company’s earnings growth rate is likely to be around -33.78% while estimates for its earnings growth in next 5 years are of -7.14%.

Solid Power Inc (NASDAQ:SLDP)’s Major holders

Insiders are in possession of 18.66% of company’s total shares while institution are holding 26.56 percent of that, with stock having share float percentage of 32.65%. Investors also watch the number of corporate investors in a company very closely, which is 26.56% institutions for Solid Power Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at SLDP for having 10.43 million shares of worth $17.2 million. And as of 2024-06-30, it was holding 5.7668 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 7.35 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.0646 of outstanding shares, having a total worth of $12.12 million.

On the other hand, iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 4.32 shares of worth $6.0 million or 2.39% of the total outstanding shares. The later fund manager was in possession of 3.93 shares on Sep 30, 2024 , making its stake of worth around $5.46 million in the company or a holder of 2.18% of company’s stock.