Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Wolfspeed Inc’s current trading price is -84.65% away from its 52-week high, while its distance from the 52-week low is 19.35%. The stock’s price range over this period has fluctuated between $6.10 and $47.43. The company, operating within the financial sector, had a trading volume of approximately 4.99 million for the day, which was noticeably lower than the average daily share volume of 13.16 million over the last 3 months.
In terms of market performance, Wolfspeed Inc had a fairly uneven. The highest value for the stock in the past year was $47.43 on 12/27/23, and the lowest value was recorded at $6.10 on 11/21/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Wolfspeed Inc (WOLF) has experienced a quarterly decline of -11.21% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 935.13M 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 10.55, with a change in price of -9.18. Similarly, Wolfspeed Inc recorded 12,000,292 in trading volume during the last 100 days, posting a change of -55.87%.
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 10.03. Similarly, the long-term debt-to-equity ratio is also 10.02.
WOLF Stock Stochastic Average
Today, Wolfspeed Inc’s raw stochastic average for the past 50 days stands at 10.13%, indicating a decline from the raw stochastic average of the last 20 days, which was 10.23%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 11.11% and 17.14% respectively.
WOLF Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Until today this year the stock’s price performance recorded a decrease of -83.27%. However, over the last six months, the performance has been stronger by -67.03%. The price of WOLF increased 13.05% over the last 30 days. And in the last five days, it has fallen by -8.99%.
