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In the latest session, Sunpower Corp (NASDAQ: SPWR) closed at $2.78 up 2.21% from its previous closing price of $2.72. In other words, the price has increased by $2.21 from its previous closing price. On the day, 7.02 million shares were traded. SPWR stock price reached its highest trading level at $2.81 during the session, while it also had its lowest trading level at $2.63.
Ratios:
For a deeper understanding of Sunpower Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.64 and its Current Ratio is at 0.94. In the meantime, Its Debt-to-Equity ratio is 1.24 whereas as Long-Term Debt/Eq ratio is at 0.08.
On April 23, 2024, Evercore ISI Downgraded its rating to In-line which previously was Outperform but kept the price unchanged to $6.
Guggenheim Downgraded its Neutral to Sell on February 16, 2024, while the target price for the stock was maintained at $1.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SPWR now has a Market Capitalization of 487826048 and an Enterprise Value of 780406144. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 1.15. Its current Enterprise Value per Revenue stands at 0.463 whereas that against EBITDA is -6.483.
Stock Price History:
Over the past 52 weeks, SPWR has reached a high of $12.18, while it has fallen to a 52-week low of $1.76. The 50-Day Moving Average of the stock is 2.49%, while the 200-Day Moving Average is calculated to be -29.00%.
Shares Statistics:
For the past three months, SPWR has traded an average of 10.56M shares per day and 10410520 over the past ten days. A total of 175.48M shares are outstanding, with a floating share count of 11.23M. Insiders hold about 93.60% of the company’s shares, while institutions hold 44.32% stake in the company. Shares short for SPWR as of 1715731200 were 39605917 with a Short Ratio of 3.13, compared to 1713139200 on 39207556. Therefore, it implies a Short% of Shares Outstanding of 39605917 and a Short% of Float of 59.64.
