Wolfspeed Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $47.43 on 12/27/23, while the lowest value for the same period was recorded at $7.28 on 09/10/24.
52-week price history of WOLF Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Wolfspeed Inc’s current trading price is -82.92% away from its 52-week high, while its distance from the 52-week low is 11.26%. The stock’s price range during this period has spanned from $7.28 to $47.43. In the Technology sector, the Wolfspeed Inc’s shares surpassed a trading volume of approximately 29.15 million for the day, which was noticeably higher compared to the average daily volume of 9.6.83 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Wolfspeed Inc (WOLF) has experienced a quarterly decline of -65.66% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.03B and boasts a workforce of 5013 employees.
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 19.71, with a change in price of -19.75. Similarly, Wolfspeed Inc recorded 5,910,691 in trading volume during the last 100 days, posting a change of -70.92%.
Examining WOLF’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 WOLF stands at 7.13. Similarly, the long-term debt-to-equity ratio is also 7.12.
WOLF Stock Stochastic Average
Today’s raw stochastic average for Wolfspeed Inc over the last 50 days is 4.50%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 11.58%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 16.05% and 16.73%, respectively.
WOLF Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -81.38%.However, over the last six months, we can see a stronger performance of -71.05%. Over the last 30 days, the price of WOLF has leaped by -40.04%. And in the last five days, it has fallen by -7.11%.
