In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Wolfspeed Inc (NYSE: WOLF) closed at $1.37 down -2.84% from its previous closing price of $1.41. In other words, the price has decreased by -$2.84 from its previous closing price. On the day, 3.44 million shares were traded. WOLF stock price reached its highest trading level at $1.4295 during the session, while it also had its lowest trading level at $1.35.
Ratios:
For a deeper understanding of Wolfspeed Inc’s stock, let’s take a closer look at its various ratios. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WOLF now has a Market Capitalization of 213209008 and an Enterprise Value of 5485508608. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 1.00. Its current Enterprise Value per Revenue stands at 7.205 whereas that against EBITDA is -17.565.
Stock Price History:
The Beta on a monthly basis for WOLF is 1.32, which has changed by -0.9008683 over the last 52 weeks, in comparison to a change of 0.13054323 over the same period for the S&P500. Over the past 52 weeks, WOLF has reached a high of $17.45, while it has fallen to a 52-week low of $0.39. The 50-Day Moving Average of the stock is 2.40%, while the 200-Day Moving Average is calculated to be -69.75%.
Shares Statistics:
For the past three months, WOLF has traded an average of 59.23M shares per day and 8267590 over the past ten days. 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 42.78% stake in the company. Shares short for WOLF as of 1753920000 were 42813400 with a Short Ratio of 0.72, compared to 1751241600 on 73099194. Therefore, it implies a Short% of Shares Outstanding of 42813400 and a Short% of Float of 43.519999999999996.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
