With 1.32 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.97 million shares. The 52-week range on SLDP shows that it touched its highest point at $2.70 and its lowest point at $1.00 during that stretch. It currently has a 1-year price target of $2.00. Beta for the stock currently stands at 1.41.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SLDP was down-trending over the past week, with a drop of -6.50%, but this was down by -16.06% over a month. Three-month performance surged to 1.77% while six-month performance fell -12.88%. The stock lost -22.82% in the past year, while it has lost -39.15% so far this year. A look at the trailing 12-month EPS for SLDP yields -0.54 with Next year EPS estimates of -0.57. For the next quarter, that number is -0.14. This implies an EPS growth rate of -5.56% for this year and 0.00% for next year. EPS is expected to grow by 3.85% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -27.17%.
Float and Shares Shorts:
At present, 180.36 million SLDP shares are outstanding with a float of 141.09 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SLDP since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.41549 being high and -$0.57451 being low. For SLDP, this leads to a yearly average estimate of -$0.495. Based on analyst estimates, the high estimate for the next quarter is -$0.14 and the low estimate is -$0.14. The average estimate for the next quarter is thus -$0.14.
