Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Sunpower Corp’s current trading price is -80.66% away from its 52-week high, while its distance from the 52-week low is 15.86%. The stock’s price range during this period has varied between $2.49 and $14.92. The company, active in the Technology sector, saw a trading volume of around 4.57 million for the day, considerably lower average daily volume of 7.48 million observed over the last three months.
Sunpower Corp’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $14.92 on 04/17/23, and the lowest price during that time was $2.49, recorded on 03/26/24.
How Financial Performance Impacts Market Capitalization
Sunpower Corp (SPWR) has experienced a quarterly decline of -39.77% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 505.91M and boasts a workforce of 4710 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.81, with a change in price of -1.14. Similarly, Sunpower Corp recorded 7,558,621 in trading volume during the last 100 days, posting a change of -28.29%.
How SPWR’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for SPWR stands at 1.24. Similarly, the long-term debt-to-equity ratio is also 0.08.
SPWR Stock Stochastic Average
As of today, the raw stochastic average of Sunpower Corp over the past 50 days is 14.76%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 33.47%. Additionally, the Stochastic %K and %D values for the company were 19.17% and 20.70%, respectively, over the past 20 days.
SPWR Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -40.27%. However, over the past six months, we’ve seen a stronger performance of -52.55%. The price of SPWR leaped by -12.04% over the last 30 days. And in the last five days, it has fallen by -3.19%.
