Sunpower Corp (NASDAQ:SPWR) currently has a daily average trading volume of 18.30M but it saw 17826478 shares traded in last market. With a market cap of 210.08M USD, the company’s current market price of $0.97 came falling about -4.25 while comparing to the previous closing price of $1.01. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.65 and as low as $0.50.
Taking a look at 20-day trading activity of Sunpower Corp (SPWR) gives us an average price of $2.0746, while its current price level is -91.70% below from 52-week high level whereas it is 92.57% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.6788 while that of 200 days or SMA-200 reads an average of $3.4077. A closer look into the stock’s movement over the week reveals that its volatility is standing at 55.70% during that period while stretching the period over a month that decreases to 24.25%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 32.27 which implies that the stock is in neutral territory.
Wolfe Research downgraded its recommendation for the stock as a “Underperform” from “Peer Perform” on May 15, 2024 while assigning a price target of $2. Evercore ISI also issued its recommendations for the stock as it downgraded the price target for the stock is $6.
Over the week, SPWR’s stock price is moving -35.95% down while it is -63.51% when we observe its performance for the past one month. Year-to-date it is -79.98% down and over the past year, the stock is showing a downside performance of -91.38%.
Currently, Sunpower Corp’s total number of outstanding shares is 217.23M. Company’s return on investment (ROI) stands at -74.98% and return on equity (ROE) at -52.76%. Stock’s beta reads 1.97. Stock has a price to book (P/B) ratio of 0.40 while price to sale or P/S ratio amounts to 0.12. Its return on asset (ROA) is -14.60% on average.
