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The price of Wolfspeed Inc (NYSE: WOLF) closed at $1.52 in the last session, up 1.33% from day before closing price of $1.5. In other words, the price has increased by $1.33 from its previous closing price. On the day, 11.16 million shares were traded.
Ratios:
We take a closer look at WOLF’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.90 and its Current Ratio is at 4.64. In the meantime, Its Debt-to-Equity ratio is 31.37 whereas as Long-Term Debt/Eq ratio is at 31.32.
On October 03, 2024, Mizuho Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $17 to $8.
TD Cowen reiterated its Hold rating for the stock on August 22, 2024, while the target price for the stock was revised from $25 to $15.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 28 ’25 when Reynolds Neill sold 13,909 shares for $3.99 per share. The transaction valued at 55,497 led to the insider holds 195,257 shares of the business.
NEILL P REYNOLDS bought 13,909 shares of WOLF for $55,497 on Apr 28 ’25. On Nov 22 ’24, another insider, Dorchak Glenda, who serves as the Director of the company, bought 3,592 shares for $8.33 each. As a result, the insider paid 29,921 and bolstered with 18,688 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 1.11.
Stock Price History:
Over the past 52 weeks, WOLF has reached a high of $18.57, while it has fallen to a 52-week low of $0.39. The 50-Day Moving Average of the stock is 13.32%, while the 200-Day Moving Average is calculated to be -72.21%.
Shares Statistics:
A total of 155.62M shares are outstanding, with a floating share count of 153.98M. Insiders hold about 1.06% of the company’s shares, while institutions hold 82.21% stake in the company.