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 -85.11% away from its 52-week high, while its distance from the 52-week low is 12.70%. The stock’s price range for this period has been between $6.10 and $46.18 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 5.83 million for the day, a number notably lower than the average daily volume of 13.15 million over the last three months.
Wolfspeed Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $46.18 on 01/02/24 and a low of $6.10 for the same time frame on 11/21/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Wolfspeed Inc (WOLF) has experienced a quarterly decline of -29.12% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 816.43M 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 10.28, with a change in price of -5.80. Similarly, Wolfspeed Inc recorded 12,059,315 in trading volume during the last 100 days, posting a change of -45.74%.
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
Wolfspeed Inc’s raw stochastic average for the past 50 days is presently 6.88%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 3.59%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 12.79% and 17.95%, respectively.
WOLF Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -84.20%. However, over the past six months, we’ve seen a stronger performance of -69.50%. The price of WOLF leaped by -22.93% over the last 30 days. And in the last five days, it has fallen by -2.34%.
