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
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Wolfspeed Inc’s current trading price is -67.30% away from its 52-week high, while its distance from the 52-week low is 113.05%. The stock’s price range during the 52-week period has remained between $7.28 and $47.43. In the Technology sector, the company’s shares saw a trading volume of around 3.14 million for the day, which was evidently lower than the average daily volume of 11.05 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 -12.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.97B 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 16.04, with a change in price of -13.96. Similarly, Wolfspeed Inc recorded 8,338,029 in trading volume during the last 100 days, posting a change of -47.47%.
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
As of today, Wolfspeed Inc’s raw stochastic average for the last 50 days stands at 80.35%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 78.00%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 74.18% and 73.55%, respectively.
WOLF Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price decrease of -64.35%. However, over the past six months, we’ve seen a stronger performance of -44.31%. The price of WOLF fallen by 52.36% over the last 30 days. And in the last five days, it has surged by 0.78%.
