Solid Power (NASDAQ:SLDPW – Get Free Report) is projected to post its results before the market opens on Tuesday, February 24th. Analysts expect Solid Power to post earnings of ($0.16) per share and revenue of $3.50 million for the quarter.
Solid Power Price Performance
Shares of SLDPW traded down $0.04 during trading hours on Friday, reaching $0.36. The company’s stock had a trading volume of 5,506 shares, compared to its average volume of 55,283. The company has a 50 day moving average of $0.74 and a two-hundred day moving average of $0.84. Solid Power has a 1-year low of $0.08 and a 1-year high of $2.33.
About Solid Power
Solid Power, Inc (NASDAQ: SLDPW) is a developer and manufacturer of all-solid-state rechargeable battery cells, targeting applications in electric vehicles, aerospace, and defense markets. The company’s core technology centers on high-energy-density sulfide-based solid electrolytes, which replace the liquid electrolytes found in conventional lithium-ion batteries. By leveraging solid electrolytes, Solid Power aims to enhance safety, prolong cycle life, and increase energy density, addressing key challenges in next-generation battery systems.
Solid Power’s product portfolio includes prototype and pre-commercial solid‐state cells designed for automotive use, with anticipated energy densities exceeding those of current lithium-ion offerings.
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