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 -80.01% away from its 52-week high, while its distance from the 52-week low is 30.22%. The stock’s price range for this period has been between $7.28 and $47.43 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 7.18 million for the day, a number notably lower than the average daily volume of 8.04 million over the last three months.
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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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Wolfspeed Inc (WOLF) has experienced a quarterly decline of -61.23% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.20B and boasts a workforce of 5013 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 18.11, with a change in price of -14.23. Similarly, Wolfspeed Inc recorded 6,290,937 in trading volume during the last 100 days, posting a change of -60.02%.
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 7.13. Similarly, the long-term debt-to-equity ratio is also 7.12.
WOLF Stock Stochastic Average
As of today, Wolfspeed Inc’s raw stochastic average for the last 50 days stands at 16.99%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 74.83%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 61.22% and 60.88%, respectively.
WOLF Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price loss of -78.21% this year. Over the last six months, there has been a stronger performance of -63.97%. The price of WOLF fallen by 7.73% during the last 30 days period. For the last 5-days stocks have slided -6.88%.
