On Friday, Wolfspeed Inc (NYSE: WOLF) opened lower -34.59% from the last session, before settling in for the closing price of $1.85. Price fluctuations for WOLF have ranged from $0.39 to $17.45 over the past 52 weeks.
Technology Sector giant saw their annual sales slid by -45.01% over the last five years. Company’s average yearly earnings per share was noted 27.41% at the time writing. With a float of $154.82 million, this company’s outstanding shares have now reached $155.64 million.
Wolfspeed Inc (WOLF) Insider Activity
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 1.06%, while institutional ownership is 42.24%. The most recent insider transaction that took place on Apr 28 ’25, was worth 55,497. In this transaction Executive Vice President & CFO of this company sold 13,909 shares at a rate of $3.99, taking the stock ownership to the 195,257 shares. Before that another transaction happened on Apr 28 ’25, when Company’s Officer proposed sale 13,909 for $3.99, making the entire transaction worth $55,497.
Wolfspeed Inc (WOLF) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.91 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -1) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.57 per share during the current fiscal year. According to the Wall Street analysts, stocks earnings will be around 27.41% per share during the next fiscal year.
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 0.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -11.27, a number that is poised to hit -0.69 in the next quarter and is forecasted to reach -1.56 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 50.72 million was better than the volume posted last year of 39.47 million. As of the previous 9 days, the stock’s Stochastic %D was 7.76%.
During the past 100 days, Wolfspeed Inc’s (WOLF) raw stochastic average was set at 19.52%, which indicates a significant increase from 0.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.4289 in the past 14 days, which was higher than the 0.2741 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6184, while its 200-day Moving Average is $3.5810. Now, the first resistance to watch is $1.5133. This is followed by the second major resistance level at $1.8167. The third major resistance level sits at $1.9733. If the price goes on to break the first support level at $1.0533, it is likely to go to the next support level at $0.8967. Should the price break the second support level, the third support level stands at $0.5933.
Wolfspeed Inc (NYSE: WOLF) Key Stats
There are currently 156,472K shares outstanding in the company with a market cap of 189.34 million. Presently, the company’s annual sales total 757,600 K according to its annual income of -1,609 M. Last quarter, the company’s sales amounted to 197,000 K and its income totaled -669,300 K.
