Solid Power Inc (NASDAQ:SLDP) price on Thursday, April 10, fall -1.92% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $1.02.
A look at the stock’s price movement, the close in the last trading session was $1.04, moving within a range at $0.9833 and $1.05. The beta value (5-Year monthly) was 1.442. Turning to its 52-week performance, $2.70 and $0.68 were the 52-week high and 52-week low respectively. Overall, SLDP moved -9.73% over the past month.
Solid Power Inc’s market cap currently stands at around $185.63 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-26.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SLDP is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend SLDP as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
SLDP’s current price about -4.30% and -14.27% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 42.17, while 7-day volatility ratio is 15.55% and 7.10% in the 30-day chart. Further, Solid Power Inc (SLDP) has a beta value of 1.42, and an average true range (ATR) of 0.08.
If we refocus on Solid Power Inc (NASDAQ:SLDP), historical trading data shows that trading volumes averaged 2.77 over the past 10 days and 2.49 million over the past 3 months. The company’s latest data on shares outstanding shows there are 180.36 million shares.
The 22.35% of Solid Power Inc’s shares are in the hands of company insiders while institutional holders own 23.93% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 20.61 million on 2025-03-14, giving us a short ratio of 8.39. The data shows that as of 2025-03-14 short interest in Solid Power Inc (SLDP) stood at 1156.00005 of shares outstanding, with shares short rising to 20.13 million registered in 2025-02-14. Current price change has pushed the stock -46.03% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SLDP stock continues to rise going into the next quarter.
