Solid Power (NASDAQ:SLDPW) Shares Up 5.4% – Time to Buy?

Solid Power, Inc. (NASDAQ:SLDPWGet Free Report) shares rose 5.4% during trading on Thursday . The company traded as high as $0.12 and last traded at $0.11. Approximately 9,680 shares were traded during trading, a decline of 62% from the average daily volume of 25,446 shares. The stock had previously closed at $0.10.

Solid Power Stock Performance

The company’s 50 day simple moving average is $0.12 and its 200 day simple moving average is $0.17.

About Solid Power

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Solid Power, Inc develops solid state battery technologies for the electric vehicles (EV) and other markets in the United States. The company sells its sulfide-based solid electrolyte; and licenses its solid-state cell designs and manufacturing processes. It also produces and sells 0.2, 2, 20 ampere-hour (Ah), and EV cells.

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