The stock price for Coherent Corp. (COHR) currently stands at $31.65. The stock experienced a substantial increase in the last session, hitting $31.66 after starting at $31.45. The stock’s lowest price was $30.73 before closing at $30.76.
Coherent Corp. saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $64.94 on 06/06/22, while the lowest price for the same duration was marked at $26.29 on 05/10/23.
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52-week price history of COHR Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Coherent Corp.’s current trading price is -51.26% away from its 52-week high, while its distance from the 52-week low is 20.39%. The stock’s price range during this period has spanned from $26.29 to $64.94. In the Technology sector, the Coherent Corp.’s shares surpassed a trading volume of approximately 0.73 million for the day, which was noticeably lower compared to the average daily volume of 9.1.56 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Coherent Corp. (COHR) has experienced a quarterly decline of -25.86% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.27B and boasts a workforce of 23658 employees.
A Closer Look at Analysts’ Ratings for Coherent Corp.
As of right now, 14 analysts are rating Coherent Corp. as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 37.64, with a change in price of -3.31. Similarly, Coherent Corp. recorded 1,436,095 in trading volume during the last 100 days, posting a change of -9.43%.
Examining COHR’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for COHR stands at 0.92. Similarly, the long-term debt-to-equity ratio is also 0.91.
COHR Stock Stochastic Average
Today’s raw stochastic average for Coherent Corp. over the last 50 days is 45.04%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 65.55%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 61.94% and 62.43%, respectively.
COHR Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price decrease of -9.83%. However, over the past six months, we’ve seen a stronger performance of -11.91%. The price of COHR leaped by -3.48% over the last 30 days. And in the last five days, it has surged by 3.63%.
