Wolfspeed Inc (NYSE: WOLF) on Monday, soared 1.91% from the previous trading day, before settling in for the closing price of $6.29. Within the past 52 weeks, WOLF’s price has moved between $4.66 and $30.86.
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During the last 5-year period, the sales growth of Technology Sector giant was 1.06%. The company achieved an average annual earnings per share of -31.08%. With a float of $154.08 million, this company’s outstanding shares have now reached $155.57 million.
Let’s determine the extent of company efficiency that accounts for 5013 employees. In terms of profitability, gross margin is -6.31%, operating margin of -97.68%, and the pretax margin is -125.84%.
Wolfspeed Inc (WOLF) Breakdown of a Key Holders of the stock
Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of Wolfspeed Inc is 0.96%, while institutional ownership is 91.39%. 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
According to the Wall Street analysts, stocks earnings will be around -31.08% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 28.88% during the next five years compared to -18.18% drop over the previous five years of trading.
Wolfspeed Inc (NYSE: WOLF) Trading Performance Indicators
Wolfspeed Inc (WOLF) is currently performing well based on its current performance indicators. A quick ratio of 2.47 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -7.68, a number that is poised to hit -0.82 in the next quarter and is forecasted to reach -2.19 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 17.73 million, which is a drop from its year-to-date volume of 20.22 million. As of the previous 9 days, the stock’s Stochastic %D was 82.45%. Additionally, its Average True Range was 0.62.
During the past 100 days, Wolfspeed Inc’s (WOLF) raw stochastic average was set at 15.47%, which indicates a significant decrease from 86.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 121.99% in the past 14 days, which was lower than the 153.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.87, while its 200-day Moving Average is $11.82. However, in the short run, Wolfspeed Inc’s stock first resistance to watch stands at $6.61. Second resistance stands at $6.80. The third major resistance level sits at $6.93. If the price goes on to break the first support level at $6.28, it is likely to go to the next support level at $6.15. Now, if the price goes above the second support level, the third support stands at $5.96.
Wolfspeed Inc (NYSE: WOLF) Key Stats
Market capitalization of the company is 997.21 million based on 127,713K outstanding shares. Right now, sales total 807,200 K and income totals -864,200 K. The company made 180,500 K in profit during its latest quarter, and -372,200 K in sales during its previous quarter.
