Solid Power (SLDP) Projected to Post Earnings on Thursday

Solid Power (NASDAQ:SLDP) is projected to release its earnings data 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 that wish to listen to the company’s conference call can do so using this link.

Solid Power Stock Down 5.5 %

Shares of NASDAQ SLDP opened at $1.20 on Wednesday. The stock’s fifty day simple moving average is $1.56 and its 200 day simple moving average is $1.36. The stock has a market capitalization of $216.47 million, a price-to-earnings ratio of -2.45 and a beta of 1.40. Solid Power has a 52-week low of $1.00 and a 52-week high of $2.70.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC restated a “buy” rating and set a $2.00 price objective on shares of Solid Power in a report on Wednesday, January 15th.

Insider Buying and Selling at Solid Power

In other Solid Power news, CTO Joshua Buettner-Garrett sold 187,500 shares of Solid Power stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $1.07, for a total transaction of $200,625.00. Following the transaction, the chief technology officer now owns 869,720 shares of the company’s stock, valued at $930,600.40. The trade was a 17.74 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 7.20% of the company’s stock.

Solid Power Company Profile

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.