Solid Power Inc’s recent filing unveils that its Officer Buettner-Garrett Joshua acquired Company’s shares for reported $0.25 million on Feb 10 ’25. In the deal valued at $1.33 per share,187,500 shares were bought.
Then, Buettner-Garrett Joshua sold 187,500 shares, generating $392,288 in total proceeds. Upon selling the shares at $2.09, the Chief Technology Officer now owns 865,304 shares.
Before that, Buettner-Garrett Joshua bought 187,500 shares. Solid Power Inc shares valued at $392,282 were divested by the Officer at a price of $2.09 per share.
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 0.76% to $1.33. Over the last five days, the stock has lost -2.92%. Solid Power Inc shares have fallen nearly -29.63% since the year began. Nevertheless, the stocks have fallen -13.64% over the past one year. While a 52-week high of $2.70 was reached on 01/06/25, a 52-week low of $1.00 was recorded on 02/10/25. SMA at 50 days reached $1.4601, while 200 days put it at $1.5055.
Levels Of Support And Resistance For SLDP Stock
The 24-hour chart illustrates a support level at 1.3000, which if violated will result in even more drops to 1.2700. On the upside, there is a resistance level at 1.3600. A further resistance level may holdings at 1.3900. The Relative Strength Index (RSI) on the 14-day chart is 39.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0967, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.43%. Stochastics %K at 7.94% indicates the stock is a buying.
How much short interest is there in Solid Power Inc?
A steep rise in short interest was recorded in Solid Power Inc stocks on 2025-01-15, growing by 4.34 million shares to a total of 19.28 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 14.94 million shares. There was a rise of 22.5%, 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.
