The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Coherent Corp’s current trading price is -28.42% away from its 52-week high, while its distance from the 52-week low is 72.51%. The stock’s price range for this period has been between $47.14 and $113.60 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 12.86 million for the day, a number notably higher than the average daily volume of 2.54 million over the last three months.
Coherent Corp saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $113.60 on 12/04/24, while the lowest price for the same duration was marked at $47.14 on 02/01/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Coherent Corp (COHR) has experienced a quarterly decline of -16.87% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.58B and boasts a workforce of 26000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 95.75, with a change in price of +3.37. Similarly, Coherent Corp recorded 2,621,059 in trading volume during the last 100 days, posting a change of +4.32%.
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 COHR stands at 0.53. Similarly, the long-term debt-to-equity ratio is also 0.52.
COHR Stock Stochastic Average
Coherent Corp’s raw stochastic average for the past 50 days is presently 15.05%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 16.28%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 53.87% and 71.82%, respectively.
COHR 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. This year’s metric has recorded a Price decrease of -14.16%. However, over the past six months, we’ve seen a weaker performance of 20.56%. The price of COHR leaped by -17.88% over the last 30 days. And in the last five days, it has fallen by -17.27%.
