On Tuesday, Wolfspeed Inc (NYSE: WOLF) opened lower -15.83% from the last session, before settling in for the closing price of $2.59. Price fluctuations for WOLF have ranged from $2.32 to $30.86 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%. Company’s average yearly earnings per share was noted -30.94% at the time writing. With a float of $154.06 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
A key investor’s attitude towards the stock of the Semiconductors industry is another important factor to consider. The insider ownership of Wolfspeed Inc is 0.97%, while institutional ownership is 91.53%. 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 -0.77 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -30.94% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.31% during the next five years compared to -18.18% drop over the previous five years of trading.
Wolfspeed Inc (NYSE: WOLF) Trading Performance Indicators
Check out the current performance indicators for Wolfspeed Inc (WOLF). In the past quarter, the stock posted a quick ratio of 2.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.44.
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 -2.25 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 20.41 million, which is a drop from its year-to-date volume of 23.23 million. As of the previous 9 days, the stock’s Stochastic %D was 4.24%. Additionally, its Average True Range was 0.63.
During the past 100 days, Wolfspeed Inc’s (WOLF) raw stochastic average was set at 0.11%, which indicates a significant decrease from 0.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 311.39% in the past 14 days, which was higher than the 175.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.33, while its 200-day Moving Average is $10.49. However, in the short run, Wolfspeed Inc’s stock first resistance to watch stands at $2.56. Second resistance stands at $2.93. The third major resistance level sits at $3.13. If the price goes on to break the first support level at $1.99, it is likely to go to the next support level at $1.79. Now, if the price goes above the second support level, the third support stands at $1.42.
Wolfspeed Inc (NYSE: WOLF) Key Stats
There are currently 127,713K shares outstanding in the company with a market cap of 339.15 million. Presently, the company’s annual sales total 807,200 K according to its annual income of -864,200 K. Last quarter, the company’s sales amounted to 180,500 K and its income totaled -372,200 K.
