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Friday, September 29, 2023

Solid Power Inc. (SLDP) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Solid Power Inc. (SLDP) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.02, or -0.94%, to $2.11. The Solid Power Inc. has recorded 19,125 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Solid Power Announces Board Chairperson Transition and Retirement of David Jansen.

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Stocks Info

Solid Power Inc. is listed on the NASDAQ in the Industrials sector while operating in the Electrical Equipment & Parts industry. At the end of the last regular session, the stock closed at $2.13 and fluctuated between $2.1400 as its day high and $2.0700 as its day low. The current market capitalization of Solid Power Inc. is $376.39M. A total of 1.06 million shares were traded on the day, compared to an average of 2.24M shares.

In the most recent transaction, ANDERSON ERIK J sold 1,901 shares of SLDP for 2.10 per share on May 25. After the transaction, the Director now owns 693,900 company shares. In a previous transaction on Mar 10, STEPHENS JOHN JOSEPH bought 214,500 shares at 2.92 per share. SLDP shares that Director owns now total 300,005.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for SLDP in the last 3 months, the mean price target is $3.50 with high estimates of $5.00 and low estimates of $2.00. In terms of 52-week highs and lows, SLDP has a high of $6.92 and a low of $1.83.

As of this writing, SLDP has an earnings estimate of -$0.13 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of -$0.11 per share and a lower estimate of -$0.15.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. SLDP’s latest balance sheet shows that the firm has $589.33M in Cash & Short Term Investments as of fiscal 2021. There were $130.00k in debt and $8.37M in liabilities at the time. Its Book Value Per Share was $2.97, while its Total Shareholder’s Equity was $558.66M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SLDP is Buy with a score of 3.14.

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