Solid Power Inc’s recently made public that its Chief Technology Officer Buettner-Garrett Joshua unloaded Company’s shares for reported $0.32 million on May 21 ’24. In the deal valued at $1.68 per share,187,500 shares were sold. As a result of this transaction, Buettner-Garrett Joshua now holds 687,473 shares worth roughly $1.14 million.
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Then, Buettner-Garrett Joshua sold 187,500 shares, generating $348,900 in total proceeds. Upon selling the shares at $1.86, the Chief Technology Officer now owns 692,993 shares.
Before that, Buettner-Garrett Joshua sold 187,500 shares. Solid Power Inc shares valued at $254,700 were divested by the Chief Technology Officer at a price of $1.36 per share. As a result of the transaction, Buettner-Garrett Joshua now holds 336,539 shares, worth roughly $0.56 million.
Wolfe Research downgraded its Solid Power Inc [SLDP] rating to an Underperform from a a Peer perform in a research note published recently. Citigroup began covering SLDP with “Neutral” recommendation on December 14, 2022. Stifel started covering the stock on December 02, 2022. It rated SLDP as “a Hold”.
Price Performance Review of SLDP
On Friday, Solid Power Inc [NASDAQ:SLDP] saw its stock fall -1.19% to $1.66. Over the last five days, the stock has lost -6.21%. Solid Power Inc shares have risen nearly 14.48% since the year began. Nevertheless, the stocks have fallen -32.24% over the past one year. While a 52-week high of $3.20 was reached on 04/01/24, a 52-week low of $1.10 was recorded on 01/22/24. SMA at 50 days reached $1.7532, while 200 days put it at $1.6444. A total of 1.31 million shares were traded, compared to the trading of 0.95 million shares in the previous session.
Levels Of Support And Resistance For SLDP Stock
The 24-hour chart illustrates a support level at 1.6267, which if violated will result in even more drops to 1.5933. On the upside, there is a resistance level at 1.6967. A further resistance level may holdings at 1.7333. The Relative Strength Index (RSI) on the 14-day chart is 43.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0410, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.00%. Stochastics %K at 24.05% indicates the stock is a holding.
