During the last session, Wolfspeed Inc (NYSE:WOLF)’s traded shares were 3.28 million, with the beta value of the company hitting 1.67. At the end of the trading day, the stock’s price was $24.87, reflecting an intraday gain of 1.59% or $0.39. The 52-week high for the WOLF share is $70.42, that puts it down -183.15 from that peak though still a striking 12.14% gain since the share price plummeted to a 52-week low of $21.85. The company’s market capitalization is $3.13B, and the average trade volume was 4.88 million shares over the past three months.
Wolfspeed Inc (NYSE:WOLF) trade information
Wolfspeed Inc (WOLF) registered a 1.59% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.59% in intraday trading to $24.87, hitting a weekly high. The stock’s 5-day price performance is 4.85%, and it has moved by -7.65% in 30 days. Based on these gigs, the overall price performance for the year is -55.84%.
Wolfspeed Inc (WOLF) estimates and forecasts
Statistics show that Wolfspeed Inc has underperformed its competitors in share price, compared to the industry in which it operates. Wolfspeed Inc (WOLF) shares have gone down -22.28% during the last six months, with a year-to-date growth rate less than the industry average at -62.07% against -46.10. In the rating firms’ projections, revenue will decrease -9.60% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 201.11M as predicted by 15 analyst(s). Meanwhile, a consensus of 15 analyst(s) estimates revenue growth to 225.83M by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 1.17%. While earnings are projected to return -234.60% in 2024.
WOLF Dividends
Wolfspeed Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
