On Monday, Wolfspeed Inc (NYSE: WOLF) was 6.56% up from the session before settling in for the closing price of $9.45. A 52-week range for WOLF has been $6.10 – $47.43.
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Technology Sector giant saw their annual sales surged by 1.06% over the last five years. When this article was written, the company’s average yearly earnings per share was at -38.13%. With a float of $126.40 million, this company’s outstanding shares have now reached $126.89 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) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Wolfspeed Inc stocks. The insider ownership of Wolfspeed Inc is 1.03%, while institutional ownership is 112.01%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -38.13% per share during the next fiscal year.
Wolfspeed Inc (NYSE: WOLF) Trading Performance Indicators
You can see what Wolfspeed Inc (WOLF) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.95, a number that is poised to hit -1.02 in the next quarter and is forecasted to reach -2.28 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 10.24 million was better than the volume posted last year of 7.32 million. As of the previous 9 days, the stock’s Stochastic %D was 47.34%. Additionally, its Average True Range was 1.21.
During the past 100 days, Wolfspeed Inc’s (WOLF) raw stochastic average was set at 24.55%, which indicates a significant decrease from 77.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 165.15% in the past 14 days, which was higher than the 150.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.95, while its 200-day Moving Average is $18.80. Now, the first resistance to watch is $11.09. This is followed by the second major resistance level at $12.11. The third major resistance level sits at $13.02. If the price goes on to break the first support level at $9.16, it is likely to go to the next support level at $8.25. Should the price break the second support level, the third support level stands at $7.23.
Wolfspeed Inc (NYSE: WOLF) Key Stats
There are 127,713K outstanding shares of the company, which has a market capitalization of 1.31 billion. As of now, sales total 807,200 K while income totals -864,200 K. Its latest quarter income was 194,700 K while its last quarter net income were -282,200 K.
