Shares of Solid Power, Inc. (NASDAQ:SLDP – Get Free Report) have been assigned a consensus rating of “Hold” from the six ratings firms that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $3.58.
A number of brokerages recently weighed in on SLDP. Chardan Capital reiterated a “buy” rating and set a $5.00 price target on shares of Solid Power in a research note on Thursday, August 10th. Needham & Company LLC decreased their price target on shares of Solid Power from $4.00 to $3.00 and set a “buy” rating for the company in a research note on Wednesday, November 8th.
Institutional Trading of Solid Power
Solid Power Price Performance
Shares of NASDAQ:SLDP opened at $1.50 on Friday. The stock has a market cap of $266.69 million, a P/E ratio of -5.75 and a beta of 1.74. The firm has a fifty day moving average price of $1.72 and a 200 day moving average price of $2.13. Solid Power has a 1-year low of $1.20 and a 1-year high of $4.90.
About Solid Power
Solid Power, Inc develops solid state battery technologies for the electric vehicles (EV) and other markets in the United States. The company sell its sulfide-based solid electrolyte and to license 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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