Wolfspeed Inc (NYSE: WOLF) kicked off on Monday, down -8.32% from the previous trading day, before settling in for the closing price of $6.13. Over the past 52 weeks, WOLF has traded in a range of $4.66-$31.51.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 1.06%. While this was happening, its average annual earnings per share was recorded -30.92%. With a float of $153.85 million, this company’s outstanding shares have now reached $155.57 million.
Considering the fact that the conglomerate employs 5013 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -6.31%, operating margin of -97.68%, and the pretax margin is -125.84%.
Wolfspeed Inc (WOLF) Insider Activity
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 1.11%, while institutional ownership is 91.80%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.77 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -30.92% 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 2.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -7.68, a number that is poised to hit -0.81 in the next quarter and is forecasted to reach -2.18 in one year’s time.
Technical Analysis of Wolfspeed Inc (WOLF)
Compared to the last year’s volume of 19.65 million, its volume of 20.06 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 29.06%. Additionally, its Average True Range was 0.75.
During the past 100 days, Wolfspeed Inc’s (WOLF) raw stochastic average was set at 7.51%, which indicates a significant decrease from 37.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 156.67% in the past 14 days, which was higher than the 154.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.40, while its 200-day Moving Average is $15.14. Nevertheless, the first resistance level for the watch stands at $5.91 in the near term. At $6.19, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.39. If the price goes on to break the first support level at $5.42, it is likely to go to the next support level at $5.22. Should the price break the second support level, the third support level stands at $4.94.
Wolfspeed Inc (NYSE: WOLF) Key Stats
The company with the Market Capitalisation of 874.31 million 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.
