Cypress Semiconductor Corporation (CY) Shares are Down -0.77%

Cypress Semiconductor Corporation (CY) has risen sharply, recording gains of 9.69% in the past 4 weeks. However, the stock has corrected -0.77% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 7.02% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

Cypress Semiconductor Corporation (NASDAQ:CY): The stock opened at $11.62 on Friday but the bulls could not build on the opening and the stock topped out at $11.72 for the day. The stock traded down to $11.39 during the day, due to lack of any buying support eventually closed down at $11.55 with a loss of -0.09% for the day. The stock had closed at $11.56 on the previous day. The total traded volume was 5,970,011 shares.

The stock has recorded a 20-day Moving Average of 2.34% and the 50-Day Moving Average is 8.13%. Cypress Semiconductor Corporation is up 25.42% in the last 3-month period. Year-to-Date the stock performance stands at 20.71%.

Cypress Semiconductor Corporation (CY) : The most positive equity analysts on Cypress Semiconductor Corporation (CY) expects the shares to touch $15, whereas, the least positive believes that the stock will trade at $9 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $11.89 with an expected fluctuation of $2.03 from the mean.


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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