Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of Wolfspeed Inc (NYSE: WOLF) was $2.52 for the day, up 9.09% from the previous closing price of $2.31. In other words, the price has increased by $9.09 from its previous closing price. On the day, 290.6 million shares were traded. WOLF stock price reached its highest trading level at $3.33 during the session, while it also had its lowest trading level at $2.38.
Ratios:
Our analysis of WOLF’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 392180064 and an Enterprise Value of 5334364160. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 1.84. Its current Enterprise Value per Revenue stands at 7.007 whereas that against EBITDA is -17.081.
Stock Price History:
The Beta on a monthly basis for WOLF is 0.74, which has changed by -0.89573854 over the last 52 weeks, in comparison to a change of 0.10500872 over the same period for the S&P500. Over the past 52 weeks, WOLF has reached a high of $25.49, while it has fallen to a 52-week low of $0.39. The 50-Day Moving Average of the stock is 18.06%, while the 200-Day Moving Average is calculated to be -59.05%.
Shares Statistics:
WOLF traded an average of 56.01M shares per day over the past three months and 187975460 shares per day 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 84.34% stake in the company. Shares short for WOLF as of 1749772800 were 76393552 with a Short Ratio of 1.36, compared to 1747267200 on 69931177. Therefore, it implies a Short% of Shares Outstanding of 76393552 and a Short% of Float of 77.64999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
