The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Wolfspeed Inc’s current trading price is -74.37% away from its 52-week high, while its distance from the 52-week low is 9.63%. The stock’s price range for this period has been between $11.53 and $49.32 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 10.58 million for the day, a number notably higher than the average daily volume of 4.14 million over the last three months.
In terms of market performance, Wolfspeed Inc had a fairly uneven. The highest value for the stock in the past year was $49.32 on 08/29/23, and the lowest value was recorded at $11.53 on 08/14/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Wolfspeed Inc (WOLF) has experienced a quarterly decline of -50.49% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.59B and boasts a workforce of 4802 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 23.49, with a change in price of -14.29. Similarly, Wolfspeed Inc recorded 4,397,311 in trading volume during the last 100 days, posting a change of -53.06%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for WOLF stands at 5.66. Similarly, the long-term debt-to-equity ratio is also 5.66.
WOLF Stock Stochastic Average
Wolfspeed Inc’s raw stochastic average for the past 50 days is presently 5.74%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 10.71%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 10.94% and 8.59%, respectively.
WOLF Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The index has shown a price loss of -70.95% this year. Over the last six months, there has been a stronger performance of -52.99%. The price of WOLF leaped by -39.72% during the last 30 days period. For the last 5-days stocks have improved 5.60%.
