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 -72.87% away from its 52-week high, while its distance from the 52-week low is 76.79%. 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 5.23 million for the day, a number notably lower than the average daily volume of 11.25 million over the last three months.
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.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Wolfspeed Inc (WOLF) has experienced a quarterly rise of 1.50% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.63B 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 15.17, with a change in price of -15.79. Similarly, Wolfspeed Inc recorded 8,651,694 in trading volume during the last 100 days, posting a change of -55.09%.
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 54.98%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 44.43%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 46.78% and 51.68%, 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. Until today this year the stock’s price performance recorded a decrease of -70.42%. However, over the last six months, the performance has been stronger by -46.93%. The price of WOLF increased 33.92% over the last 30 days. And in the last five days, it has fallen by -16.70%.
