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The price of Sunpower Corp (NASDAQ: SPWR) closed at $2.33 in the last session, down -1.27% from day before closing price of $2.36. In other words, the price has decreased by -$1.27 from its previous closing price. On the day, 2.75 million shares were traded. SPWR stock price reached its highest trading level at $2.4 during the session, while it also had its lowest trading level at $2.32.
Ratios:
We take a closer look at SPWR’s different ratios to gain a better understanding of the stock. 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 February 16, 2024, Guggenheim Downgraded its rating to Sell which previously was Neutral but kept the price unchanged to $1.
Susquehanna Downgraded its Positive to Neutral on January 11, 2024, whereas the target price for the stock was revised from $5.50 to $4.
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 408861376 and an Enterprise Value of 701496832. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 0.97. Its current Enterprise Value per Revenue stands at 0.416 whereas that against EBITDA is -5.827.
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 -11.57%, while the 200-Day Moving Average is calculated to be -50.93%.
Shares Statistics:
According to the various share statistics, SPWR traded on average about 6.20M shares per day over the past 3-months and 5455670 shares per day over the past 10 days. A total of 175.48M shares are outstanding, with a floating share count of 51.22M. Insiders hold about 70.81% of the company’s shares, while institutions hold 46.82% stake in the company. Shares short for SPWR as of 1713139200 were 39207556 with a Short Ratio of 6.33, compared to 1710460800 on 42539381. Therefore, it implies a Short% of Shares Outstanding of 39207556 and a Short% of Float of 59.040000000000006.
