Shares of Cypress Semiconductor Corporation (CY) Sees Large Outflow of Money

Cypress Semiconductor Corporation (CY) : The total money flow in Cypress Semiconductor Corporation (CY) was negative ($5.48 million), showing the domination of sellers in the Thursday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $37.63 million. Transactions on upticks were comparatively lower at $32.15 million. The uptick to downtick ratio was 0.85. The total block trades done on upticks were valued at $6.56 million. The total block trades on downticks were valued at $10.33 million. The uptick to the downtick ratio of block trades was 0.64. The money flow during block trades was negative ($3.77 million) when the stock traded with a gain of $48 cent. Cypress Semiconductor Corporation (CY) was $11.37, an increase of 4.36% over the previous days close.


The stock has recorded a 20-day Moving Average of 10.79% and the 50-Day Moving Average is 12.49%. Shares have dropped -12.66% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $12.46 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $10.35 and the 200 Day Moving Average price is recorded at $8.92.

Cypress Semiconductor Corporation (NASDAQ:CY): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.45 and $11.24 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.65. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.26, notching a gain of 3.40% for the day. The total traded volume was 31,360,699 . The stock had closed at $10.89 on the previous day.

In an insider trading activity,The director of Cypress Semiconductor Corp /De/, Bingham H Raymond sold 15,000 shares at $10.4 on July 1, 2016. The Insider selling transaction had a total value worth of $156,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Cypress Semiconductor Corporation is a provider of mixed-signal programmable solutions. The Companys offerings include PSoC 1, PSoC 3, PSoC 4 and PSoC 5LP programmable system-on-chip families. It caters to markets, including industrial, mobile handsets, consumer, computation, data communications, automotive and military. The Company operates in four segments: Programmable Systems Division, Memory Products Division, Data Communications Division and Emerging Technologies Division. The Programmable Solutions Division designs and develops solutions for end-product manufacturers. The Memory Products Division designs and manufactures SRAM products and non-volatile RAMs (random access memories). The Data Communications Division focuses on solutions for industrial, handset and consumer applications. The Emerging Technologies Division consists of the Companys subsidiaries, AgigA Tech, Inc. and Deca Technologies, Inc.

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