Let’s start up with the current stock price of Wolfspeed Inc. (WOLF), which is $105.14 to be very precise. The Stock rose vividly during the last session to $112.85 after opening rate of $112.00 while the lowest price it went was recorded $105.14 before closing at $110.50.Recently in News on December 10, 2021, Wolfspeed Announces Expansion of Global Operations Team to Support Long-Term Growth Strategy. Semiconductor Industry Veteran Joins to Lead Backend Operations. You can read further details here
Wolfspeed Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $125.58 on 01/04/22, with the lowest value was $100.67 for the same time period, recorded on 01/10/22.
Wolfspeed Inc. (WOLF) full year performance was -14.89%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Wolfspeed Inc. shares are logging -26.13% during the 52-week period from high price, and 40.07% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $75.06 and $142.33.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1601299 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Wolfspeed Inc. (WOLF) recorded performance in the market was -5.93%, having the revenues showcasing 19.74% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 12.68B, as it employees total of 3466 workers.
Analysts verdict on Wolfspeed Inc. (WOLF)
During the last month, 6 analysts gave the Wolfspeed Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 8 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 2 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 104.54, with a change in the price was noted +18.55. In a similar fashion, Wolfspeed Inc. posted a movement of +21.42% for the period of last 100 days, recording 1,525,899 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for WOLF is recording 0.42 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.41.
Wolfspeed Inc. (WOLF): Technical Analysis
Raw Stochastic average of Wolfspeed Inc. in the period of last 50 days is set at 10.73%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 17.94%. In the last 20 days, the company’s Stochastic %K was 30.16% and its Stochastic %D was recorded 30.49%.
Let’s take a glance in the erstwhile performances of Wolfspeed Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -5.93%. Additionally, trading for the stock in the period of the last six months notably improved by 22.13%, alongside a downfall of -14.89% for the period of the last 12 months. The shares increased approximately by -7.00% in the 7-day charts and went down by -4.37% in the period of the last 30 days. Common stock shares were driven by 19.74% during last recorded quarter.