Solid Power (NASDAQ:SLDP - Get Free Report) is expected to be releasing its earnings data before the market opens 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. Persons that are interested in participating in the company's earnings conference call can do so using this link.
Solid Power Trading Down 2.9 %
NASDAQ SLDP traded down $0.04 on Friday, reaching $1.35. 2,440,343 shares of the company were exchanged, compared to its average volume of 3,807,387. The business's fifty day moving average price is $1.55 and its 200 day moving average price is $1.36. The stock has a market capitalization of $243.53 million, a P/E ratio of -2.76 and a beta of 1.40. Solid Power has a fifty-two week low of $1.00 and a fifty-two week high of $2.70.
Wall Street Analyst Weigh In
Separately, Needham & Company LLC restated a "buy" rating and issued a $2.00 target price on shares of Solid Power in a research report on Wednesday, January 15th.
View Our Latest Report on Solid Power
Insider Buying and Selling at Solid Power
In related news, CTO Joshua Buettner-Garrett sold 187,500 shares of the business's stock in a transaction on Monday, January 6th. The stock was sold at an average price of $2.09, for a total value of $391,875.00. Following the sale, the chief technology officer now owns 865,304 shares in the company, valued at approximately $1,808,485.36. The trade was a 17.81 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 7.20% of the company's stock.
About Solid Power
(
Get Free Report)
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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