Solid Power (NASDAQ:SLDP - Get Free Report) will likely be posting its Q4 2024 quarterly earnings results after the market closes on Thursday, February 27th. Analysts expect Solid Power to post earnings of ($0.13) per share and revenue of $3.85 million for the quarter. Investors interested in participating in the company's conference call can do so using this link.
Solid Power (NASDAQ:SLDP - Get Free Report) last released its earnings results on Thursday, February 27th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.04). Solid Power had a negative return on equity of 18.08% and a negative net margin of 471.22%. The firm had revenue of $4.46 million for the quarter, compared to analyst estimates of $3.85 million.
Solid Power Stock Performance
NASDAQ SLDP traded up $0.01 on Friday, reaching $1.23. The company's stock had a trading volume of 2,983,801 shares, compared to its average volume of 3,650,473. Solid Power has a twelve month low of $1.00 and a twelve month high of $2.70. The firm's 50 day moving average is $1.56 and its two-hundred day moving average is $1.36. The stock has a market cap of $221.88 million, a PE ratio of -2.51 and a beta of 1.40.
Analysts Set New Price Targets
Separately, Needham & Company LLC reissued a "buy" rating and set a $2.00 target price on shares of Solid Power in a research note on Wednesday, January 15th.
Check Out Our Latest Research Report on SLDP
Insider Activity at Solid Power
In related news, CTO Joshua Buettner-Garrett sold 187,500 shares of the company's stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $2.09, for a total value of $391,875.00. Following the completion of the sale, the chief technology officer now owns 865,304 shares in the company, valued at approximately $1,808,485.36. This represents a 17.81 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 7.20% of the stock is currently owned by corporate insiders.
About Solid Power
(
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Solid Power, Inc develops solid state battery technologies for the electric vehicles (EV) and other markets in the United States. The company sells its sulfide-based solid electrolyte; and licenses its solid-state cell designs and manufacturing processes. It also produces and sells 0.2, 2, 20 ampere-hour (Ah), and EV cells.
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