A new trading day began on Monday, with Wolfspeed Inc (NYSE: WOLF) stock price down -9.30% from the previous day of trading, before settling in for the closing price of $6.67. WOLF’s price has ranged from $4.66 to $35.84 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 1.06%. Meanwhile, its annual earnings per share averaged -35.85%. With a float of $153.79 million, this company’s outstanding shares have now reached $155.51 million.
Let’s determine the extent of company efficiency that accounts for 5013 employees. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductors Industry. The insider ownership of Wolfspeed Inc is 1.11%, while institutional ownership is 91.37%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.84 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -35.85% per share during the next fiscal year.
Wolfspeed Inc (NYSE: WOLF) Trading Performance Indicators
Here are Wolfspeed Inc’s current performance indicators. According to the last quarter’s results, the 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 1.17.
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 -2.07 in one year’s time.
Technical Analysis of Wolfspeed Inc (WOLF)
Looking closely at Wolfspeed Inc (NYSE: WOLF), its last 5-days average volume was 13.99 million, which is a drop from its year-to-date volume of 19.53 million. As of the previous 9 days, the stock’s Stochastic %D was 62.91%. Additionally, its Average True Range was 0.80.
During the past 100 days, Wolfspeed Inc’s (WOLF) raw stochastic average was set at 10.87%, which indicates a significant decrease from 40.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 182.98% in the past 14 days, which was higher than the 155.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.56, while its 200-day Moving Average is $15.65. However, in the short run, Wolfspeed Inc’s stock first resistance to watch stands at $6.57. Second resistance stands at $7.09. The third major resistance level sits at $7.40. If the price goes on to break the first support level at $5.74, it is likely to go to the next support level at $5.43. Now, if the price goes above the second support level, the third support stands at $4.91.
Wolfspeed Inc (NYSE: WOLF) Key Stats
With a market capitalization of 940.82 million, the company has a total of 127,713K Shares Outstanding. Currently, annual sales are 807,200 K while annual income is -864,200 K. The company’s previous quarter sales were 194,700 K while its latest quarter income was -282,200 K.
