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How Battery Cell Technology is Playing an Extremely Vital Role in Space Exploration
Globe Newswire (Tue, 3-Dec 9:00 AM ET)
Solid Power Reports Third Quarter 2024 Results
Globe Newswire (Thu, 7-Nov 4:05 PM ET)
Solid Power, Inc. Announces Timing of Third Quarter 2024 Earnings Release and Conference Call
Globe Newswire (Thu, 17-Oct 4:05 PM ET)
Solid Power Inc is engaged in developing all-solid-state battery cell technology to enable the next generation of batteries for the EV and other markets. The company's planned business model is to license its all-solid-state battery cell designs and manufacturing know-how to top tier battery manufacturers or automotive original equipment manufacturers and to sell its sulfide-based solid electrolyte for incorporation into all-solid-state battery cells.
Solid Power - Class A trades on the NASDAQ stock market under the symbol SLDP.
As of December 13, 2024, SLDP stock price declined to $1.09 with 1,191,125 million shares trading.
SLDP has a beta of 2.28, meaning it tends to be more sensitive to market movements. SLDP has a correlation of 0.15 to the broad based SPY ETF.
SLDP has a market cap of $196.62 million. This is considered a Micro Cap stock.
Last quarter Solid Power - Class A reported $5 million in Revenue and -$.13 earnings per share. This beat revenue expectation by $1 million and met earnings estimates .
In the last 3 years, SLDP traded as high as $11.61 and as low as $1.00.
The top ETF exchange traded funds that SLDP belongs to (by Net Assets): IWM, VTI, PBW, VXF, IWN.
SLDP has underperformed the market in the last year with a price return of -12.1% while the SPY ETF gained +31.7%. SLDP has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -16.2% and -2.7%, respectively, while the SPY returned +8.4% and +0.9%, respectively.
SLDP support price is $1.08 and resistance is $1.16 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SLDP shares will trade within this expected range on the day.