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 -23.89% away from its 52-week high, while its distance from the 52-week low is 77.24%. The stock’s price range over this period has fluctuated between $48.78 and $113.60. The company, operating within the financial sector, had a trading volume of approximately 3.23 million for the day, which was noticeably higher than the average daily share volume of 3.07 million over the last 3 months.
Coherent Corp experienced a rather steady stock market performance. The highest value in the past year was recorded at $113.60 on 12/04/24 and the lowest value was $48.78 on 04/19/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Coherent Corp (COHR) has experienced a quarterly decline of -17.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 13.40B 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 97.60, with a change in price of +0.40. Similarly, Coherent Corp recorded 2,916,389 in trading volume during the last 100 days, posting a change of +0.46%.
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 0.53.
COHR Stock Stochastic Average
Today, Coherent Corp’s raw stochastic average for the past 50 days stands at 28.58%, indicating a decline from the raw stochastic average of the last 20 days, which was 30.91%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 32.70% and 39.97% respectively.
COHR Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -8.73% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 29.12%. Over the past 30 days, the price of COHR has leaped by -7.03%. And in the last five days, it has fallen by -13.94%.
