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. Coherent Corp’s current trading price is -19.62% away from its 52-week high, while its distance from the 52-week low is 91.59%. The stock’s price range over this period has fluctuated between $47.66 and $113.60. The company, operating within the financial sector, had a trading volume of approximately 1.87 million for the day, which was noticeably lower than the average daily share volume of 2.92 million over the last 3 months.
In terms of market performance, Coherent Corp had a fairly even. The highest value for the stock in the past year was $113.60 on 12/04/24, and the lowest value was recorded at $47.66 on 04/19/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Coherent Corp (COHR) has experienced a quarterly decline of -1.05% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 14.12B 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 96.83, with a change in price of +15.44. Similarly, Coherent Corp recorded 2,748,764 in trading volume during the last 100 days, posting a change of +20.49%.
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
Today’s raw stochastic average for Coherent Corp over the last 50 days is 40.04%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 43.31%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 37.25% and 37.66%, respectively.
COHR Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price decrease of -3.60%. However, over the past six months, we’ve seen a weaker performance of 62.34%. The price of COHR leaped by -14.05% over the last 30 days. And in the last five days, it has surged by 6.70%.
