Cypress Semiconductor Corporation (CY) Shares are Up 2.23%

Cypress Semiconductor Corporation (CY) : Traders are bullish on Cypress Semiconductor Corporation (CY) as it has outperformed the S&P 500 by a wide margin of 7.49% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.69%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.23% in the last 1 week, and is up 5.31% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 2.46% and the 50-Day Moving Average is 4.44%.The 200 Day SMA reached 25.49% Cypress Semiconductor Corporation is up 13.4% in the last 3-month period. Year-to-Date the stock performance stands at 24.37%.


Cypress Semiconductor Corporation (CY) : Average target price received by Cypress Semiconductor Corporation (CY) is $12.38 with an expected standard deviation of $1.85. The most aggressive target on the stock is $15, whereas the most downbeat target is $10. 8 financial analysts are currently covering the stock.

Company shares have received an average consensus rating of Hold for the current week Cypress Semiconductor Corporation (NASDAQ:CY): The stock opened at $11.91 and touched an intraday high of $11.93 on Friday. During the day, the stock corrected to an intraday low of $11.74, however, the bulls stepped in and pushed the price higher to close in the green at $11.9 with a gain of 0.25% for the day. The total traded volume for the day was 4,672,351. The stock had closed at $11.9 in the previous trading session.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.