Cypress Semiconductor Corporations in-depth stock price analysis indicates that the stock price has rallied 13.42% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 10.57% . Looking at the past 52 week period, the stock price is up at 88.4% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Cypress Semiconductor Corporation has a positive value of 32.1 compared to overall market. Cypress Semiconductor Corporation (NASDAQ:CY) has tumbled 4.42% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 6.29% in the last four weeks. The stocks have underperformed the S&P 500 by 5.19% during the past week but Cypress Semiconductor Corporation (NASDAQ:CY) it has outperformed the index in 4 weeks by 4.39%.
Cypress Semiconductor Corporation (NASDAQ:CY) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.08 points or 0.64% at $12.34 with 4,379,473 shares getting traded. Post opening the session at $12.46, the shares hit an intraday low of $12.235 and an intraday high of $12.47 and the price was in this range throughout the day. The company has a market cap of $3,982 million and the number of outstanding shares has been calculated to be 322,699,760 shares. The 52-week high of Cypress Semiconductor Corporation (NASDAQ:CY) is $12.97 and the 52-week low is $6.3.
Cypress Semiconductor Corporation Last issued its quarterly earnings results on Feb 2, 2017. The company reported $0.15 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.14. The company had revenue of $530.17 million for the quarter, compared to analysts expectations of $525.69 million. During the same quarter in the previous year, the company posted $0.15 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Craig Hallum on Feb 3, 2017 to Buy, Raises Price Target to $ 15 from a previous price target of $14 .Cypress Semiconductor Corporation was Initiated by BofA/Merrill to Buy on Dec 19, 2016. Cypress Semiconductor Corporation was Initiated by Loop Capital to Buy on Dec 16, 2016. Cypress Semiconductor Corporation was Initiated by Loop Capital to Buy on Dec 6, 2016.
Company has reported several Insider transactions to the SEC, on Jan 4, 2017, H Raymond Bingham (Executive Chairman) sold 14,361 shares at 11.54 per share price.On Oct 12, 2016, Trent Thad (EVP, Finance & CFO) sold 11,390 shares at 11.83 per share price.On Sep 20, 2016, Eric Benhamou (director) sold 50,000 shares at 11.83 per share price.
Cypress Semiconductor Corporation designs, develops, manufactures and markets a broad line of high-performance digital and mixed-signal integrated circuits for a range of markets, including data communications, telecommunications, computers, and instrumentation systems. The company sells the products to a wide range of customers, including Lucent Technologies Inc., Motorola, Inc., Nortel Networks Corporation, Seagate Technology, Inc., Compaq Computer Corporation, 3Com Corporation, IBM, Cisco Systems, Inc. and Sony Corporation.