Sunpower Corp (SPWR) concluded trading on Wednesday at a closing price of $3.03, with 7.67 million shares of worth about $23.25 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -69.30% during that period and on Wednesday, January 31 the price saw a loss of about -2.57%. Currently the company’s common shares owned by public are about 174.27M shares, out of which, 86.45M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 49 times over the past 12 months. They bought 357,765 shares in 36 of the transactions. In 13 selling transactions, insiders dumped 121,419 shares.
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However, the stock later moved at a day high price of 3.4000, or with a loss of -2.57%. Stock saw a price change of -5.61% in past 5 days and over the past one month there was a price change of -37.27%. Year-to-date (YTD), SPWR shares are showing a performance of -37.27% which decreased to -81.89% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.74 but also hit the highest price of $18.59 during that period. The average intraday trading volume for Sunpower Corp shares is 7.68 million. The stock is currently trading -14.41% below its 20-day simple moving average (SMA20), while that difference is down -28.29% for SMA50 and it goes to -59.80% lower than SMA200.
Sunpower Corp (NASDAQ: SPWR) currently have 174.27M outstanding shares and institutions hold larger chunk of about 51.16% of that.
The stock has a current market capitalization of $531.34M and its 3Y-monthly beta is at 1.76. It has posted earnings per share of -$0.74 in the same period. It has Quick Ratio of 0.47 while making debt-to-equity ratio of 0.86. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SPWR, volatility over the week remained 10.62% while standing at 9.79% over the month.
Analysts are in expectations that Sunpower Corp (SPWR) stock would likely to be making an EPS of $Spirit Aerosystems Holdings, In in the current quarter, while forecast for next quarter EPS is $27.46 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $Quanta Services, Inc. which is $Monolithic Power Systems, Inc. at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $Sphere Entertainment Co. in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -306.33% while it is estimated to increase by 47.74% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Susquehanna on January 11, 2024 offering a Neutral rating for the stock and assigned a target price range of between $5.50 and $4 to it.
