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.
Wolfspeed Inc (NYSE: WOLF) closed the day trading at $35.19M up 50284104% from the previous closing price of $0.87. In other words, the price has increased by $50284104 from its previous closing price. On the day, 50.28 million shares were traded.
Ratios:
For a better understanding of WOLF, let’s look at its different 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 140079872. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.18 while its Price-to-Book (P/B) ratio in mrq is 0.66.
Stock Price History:
Over the past 52 weeks, WOLF has reached a high of $25.60, while it has fallen to a 52-week low of $0.82. The 50-Day Moving Average of the stock is -63.27%, while the 200-Day Moving Average is calculated to be -86.28%.
Shares Statistics:
A total of 155.62M shares are outstanding, with a floating share count of 154.00M. Insiders hold about 1.05% of the company’s shares, while institutions hold 90.98% stake in the company.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
