Cohu, Inc (NASDAQ:COHU) shares, rose in value on Friday, June 20, with the stock price up by 0.11% to the previous day’s close as strong demand from buyers drove the stock to $18.20.
Actively observing the price movement in the last trading, the stock closed the session at $18.18. Referring to stock’s 52-week performance, its high was $36.60, and the low was $12.57. On the whole, COHU has fluctuated by 2.48% over the past month.
With the market capitalization of Cohu, Inc currently standing at about $846.35 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-01.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that COHU’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of COHU currently trading nearly 0.66% and 7.69% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 53.28, while the 7-day volatility ratio is showing 2.42% which for the 30-day chart, stands at 2.68%. Furthermore, Cohu, Inc (COHU)’s beta value is 1.25, and its average true range (ATR) is 0.71.
A comparison of Cohu, Inc (COHU) with its peers suggests the former has fared considerably weaker in the market. COHU showed an intraday change of 0.11% in last session, and over the past year, it shrunk by -42.42%%.
Data on historical trading for Cohu, Inc (NASDAQ:COHU) indicates that the trading volumes over the past 3 months, they’ve averaged 522.21K. According to company’s latest data on outstanding shares, there are 49.60 million shares outstanding.
Nearly 3.60% of Cohu, Inc’s shares belong to company insiders and institutional investors own 90.23% of the company’s shares. The stock has fallen by -31.84% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the COHU stock heading into the next quarter.
