Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The index has shown a price loss of -77.71% this year. Over the last six months, there has been a stronger performance of -67.56%. The price of WOLF leaped by -8.75% during the last 30 days period. For the last 5-days stocks have improved 19.31%.
Wolfspeed Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $47.43 on 12/27/23, while the lowest price for the same duration was marked at $7.28 on 09/10/24.
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52-week price history of WOLF Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Wolfspeed Inc’s current trading price is -79.55% away from its 52-week high, while its distance from the 52-week low is 33.24%. The stock’s price range during this time has been between $7.28 and $47.43. The trading volume for the Technology sector company’s shares reached about 8.72 million for the day, which was higher than the average daily volume of 7.68 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Wolfspeed Inc (WOLF) has experienced a quarterly decline of -56.97% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.23B and boasts a workforce of 5013 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 18.72, with a change in price of -14.55. Similarly, Wolfspeed Inc recorded 6,093,783 in trading volume during the last 100 days, posting a change of -60.00%.
WOLF’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its 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 16.56%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 82.31%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 69.26% and 47.08%, respectively.