The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Solid Power Inc’s current trading price is -46.72% away from its 52-week high, while its distance from the 52-week low is 54.65%. The stock’s price range for this period has been between $1.10 and $3.20 The company’s shares, which are part of the Industrials sector, had a trading volume of approximately 0.6 million for the day, a number notably lower than the average daily volume of 3.79 million over the last three months.
Solid Power Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $3.20 on 07/12/23, while the lowest price for the same period was registered at $1.10 on 01/22/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Solid Power Inc (SLDP) has experienced a quarterly rise of 27.24% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 308.76M and boasts a workforce of 270 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.5173, with a change in price of +0.0500. Similarly, Solid Power Inc recorded 3,394,365 in trading volume during the last 100 days, posting a change of +3.03%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for SLDP stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.02.
SLDP Stock Stochastic Average
Solid Power Inc’s raw stochastic average for the past 50 days is presently 48.75%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 48.75%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 56.67% and 61.39%, respectively.
SLDP Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 17.59% this year. Over the last six months, there has been a stronger performance of -13.45%. The price of SLDP fallen by 15.20% during the last 30 days period. For the last 5-days stocks have slided -7.84%.
