Wolfspeed Inc (NYSE: WOLF) kicked off on Monday, up 17.77% from the previous trading day, before settling in for the closing price of $8.44. Over the past 52 weeks, WOLF has traded in a range of $6.10-$47.43.
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Technology Sector giant saw their annual sales surged by 1.06% over the last five years. While this was happening, its average annual earnings per share was recorded -36.61%. With a float of $126.52 million, this company’s outstanding shares have now reached $127.71 million.
The firm has a total of 5013 workers. Let’s measure their productivity. In terms of profitability, gross margin is 1.99%, operating margin of -69.83%, and the pretax margin is -90.85%.
Wolfspeed Inc (WOLF) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Semiconductors Industry. The insider ownership of Wolfspeed Inc is 0.94%, while institutional ownership is 125.32%. The most recent insider transaction that took place on Nov 22 ’24, was worth 29,921. In this transaction Director of this company bought 3,592 shares at a rate of $8.33, taking the stock ownership to the 18,688 shares. Before that another transaction happened on Nov 20 ’24, when Company’s Director bought 36,975 for $6.76, making the entire transaction worth $249,999. This insider now owns 85,996 shares in total.
Wolfspeed Inc (WOLF) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.55 earnings per share (EPS), higher than consensus estimate (set at -0.63) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.87 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -36.61% per share during the next fiscal year.
Wolfspeed Inc (NYSE: WOLF) Trading Performance Indicators
Take a look at Wolfspeed Inc’s (WOLF) current performance indicators. Last quarter, stock had a quick ratio of 2.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.95, a number that is poised to hit -1.01 in the next quarter and is forecasted to reach -2.21 in one year’s time.
Technical Analysis of Wolfspeed Inc (WOLF)
Analysing the last 5-days average volume posted by the [Wolfspeed Inc, WOLF], we can find that recorded value of 20.0 million was better than the volume posted last year of 7.16 million. As of the previous 9 days, the stock’s Stochastic %D was 58.82%. Additionally, its Average True Range was 1.28.
During the past 100 days, Wolfspeed Inc’s (WOLF) raw stochastic average was set at 19.80%, which indicates a significant decrease from 48.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 277.65% in the past 14 days, which was higher than the 147.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.74, while its 200-day Moving Average is $19.57. Now, the first resistance to watch is $10.51. This is followed by the second major resistance level at $11.07. The third major resistance level sits at $11.96. If the price goes on to break the first support level at $9.06, it is likely to go to the next support level at $8.17. Now, if the price goes above the second support level, the third support stands at $7.61.
Wolfspeed Inc (NYSE: WOLF) Key Stats
The company with the Market Capitalisation of 1.66 billion has total of 127,713K Shares Outstanding. Its annual sales at the moment are 807,200 K in contrast with the sum of -864,200 K annual income. Company’s last quarter sales were recorded 194,700 K and last quarter income was -282,200 K.
