Previous close | 22.10 |
Open | 22.11 |
Bid | 22.22 x 800 |
Ask | 23.00 x 1000 |
Day's range | 22.11 - 22.66 |
52-week range | 20.82 - 30.10 |
Volume | |
Avg. volume | 1,377,290 |
Market cap | 3.113B |
Beta (5Y monthly) | 1.24 |
PE ratio (TTM) | 9.80 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.40 (1.81%) |
Ex-dividend date | 13 Mar 2024 |
1y target est | N/A |
Wolfspeed (WOLF) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Hedge fund Mountaineer Partners is urging discrete electronic components maker Vishay Intertechnology to buy back $600 million worth of stock this year, citing the company's "irrationally low valuation," according to a letter reviewed by Reuters. New York-based Mountaineer, which owns 1.7% of Vishay, in a letter to the board on Monday said that Vishay has cash on its balance sheet it doesn't need and could use more sensibly to repurchase stock. "Given Vishay's overcapitalized balance sheet, the Board should take advantage of Vishay's irrationally low valuation by approving and implementing a $600 million accelerated share repurchase," said the letter, signed by Mountaineer partner Greg Williams said.
Vishay Intertechnology (NYSE:VSH) has had a rough three months with its share price down 5.0%. However, stock prices...