Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Coherent Corp’s current trading price is -21.50% away from its 52-week high, while its distance from the 52-week low is 118.21%. The stock’s price range during this period has varied between $40.87 and $113.60. The company, active in the Technology sector, saw a trading volume of around 2.09 million for the day, considerably lower average daily volume of 2.44 million observed over the last three months.
Coherent Corp had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $113.60 on 12/04/24, while the lowest price during the same period was $40.87 on 01/11/24.
How Financial Performance Impacts Market Capitalization
Coherent Corp (COHR) has experienced a quarterly decline of -9.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 13.79B and boasts a workforce of 26000 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 93.85, with a change in price of +12.79. Similarly, Coherent Corp recorded 2,448,150 in trading volume during the last 100 days, posting a change of +16.69%.
How COHR’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for COHR stands at 0.53. Similarly, the long-term debt-to-equity ratio is also 0.52.
COHR Stock Stochastic Average
As of today, the raw stochastic average of Coherent Corp over the last 50 days is at 5.18%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 6.19%. Further, the company’s Stochastic %K and %D values for the last 20 days were 7.00% and 14.86%, respectively.
COHR Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -5.86%. However, over the past six months, we’ve seen a weaker performance of 16.18%. The price of COHR leaped by -14.21% over the last 30 days. And in the last five days, it has fallen by -11.34%.
