Solid Power Inc’s recently made public that its Chief Technology Officer Buettner-Garrett Joshua unloaded Company’s shares for reported $0.24 million on Oct 07 ’24. In the deal valued at $1.26 per share,187,500 shares were sold. As a result of this transaction, Buettner-Garrett Joshua now holds 869,720 shares worth roughly $1.1 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Buettner-Garrett Joshua bought 187,500 shares, generating $237,075 in total proceeds.
Before that, Buettner-Garrett Joshua sold 187,500 shares. Solid Power Inc shares valued at $227,250 were divested by the Chief Technology Officer at a price of $1.21 per share. As a result of the transaction, Buettner-Garrett Joshua now holds 874,136 shares, worth roughly $1.1 million.
A number of analysts have revised their coverage, including Wolfe Research’s analysts, who decreased its forecast for the stock in early June from “a Peer perform” to “an Underperform”. Citigroup started covering the stock on December 14, 2022. It rated SLDP as “a Neutral”.
Price Performance Review of SLDP
On Monday, Solid Power Inc [NASDAQ:SLDP] saw its stock jump 2.44% to $1.26. Over the last five days, the stock has gained 2.44%. Solid Power Inc shares have fallen nearly -13.10% since the year began. Nevertheless, the stocks have fallen -9.35% over the past one year. While a 52-week high of $2.35 was reached on 07/18/24, a 52-week low of $1.10 was recorded on 01/22/24. SMA at 50 days reached $1.3228, while 200 days put it at $1.5851.
Levels Of Support And Resistance For SLDP Stock
The 24-hour chart illustrates a support level at 1.2350, which if violated will result in even more drops to 1.2100. On the upside, there is a resistance level at 1.2800. A further resistance level may holdings at 1.3000. The Relative Strength Index (RSI) on the 14-day chart is 46.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0114, which suggests price will go down in the next trading period. Percent R suggests that price movement has been 30.00 at 30.00%. Stochastics %K at 50.00% indicates the stock is a holding.
How much short interest is there in Solid Power Inc?
A steep rise in short interest was recorded in Solid Power Inc stocks on 2024-10-15, growing by 1.02 million shares to a total of 15.84 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 14.82 million shares. There was a rise of 6.43%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 02, 2022 when Stifel began covering the stock and recommended ‘”a Hold”‘ rating along with a $5 price target.
