Cypress Semiconductor Corporation (NASDAQ:CY) recently ticked higher on strong volume. About 5974079 contracts were traded on 15-Mar-19 compared to daily average volume of 4002960 shares. The first sale was made at $15.23 but later the stock became weaker, and closed with a gain of 1.66%. It was last traded at $15.34 apiece.Cypress Semiconductor Corporation (CY): Outperform Candidate With 7.3% Upside Potential
Cypress Semiconductor Corporation is maintained at an average outperform rating by 16 stock analysts, and there are at least 4.32% of shares outstanding that are currently legally short sold. The shares went down by -2.04% in value last month. Year-to-date it jumped 20.6%. Analysts are turning out to be more optimistic than before, with 9 of analysts who cover Cypress Semiconductor Corporation (NASDAQ:CY) advice adding it to buy candidate list. Wall Street experts also assign a $16.46 price target on Cypress Semiconductor Corporation, pointing towards a 7.3% rally from current levels. The stock is trading for about -18.03% less than its 52-week high.
Cypress Semiconductor Corporation (CY) remained successful in beating the consensus-estimated $0.33 as it actually earned $0.35 per share in its last reported financial results. Revenue, on the other hand, scored -11.01% growth from the previous quarter, coming up with $598.9 million.CY Adds 3.58% In A Week
This company shares (CY) so far managed to recover 30.55% since collapsing to its 52-week low. Over a week, it has seen its stock price volatility to stay at 1.96% while widening the period to a month, volatility was 1.84%. The share price has yet to cross its 20 days moving average, floating at a distance of -0.22% and sits 6.61% higher versus its 50 days moving average. When looking at the past five sessions, the stock returned 3.58% gains and is up by 2.39% compared with its 200-day moving average of $14.11. Also, Cypress Semiconductor Corporation (CY) needs to overturn a -16.9% decrease it experienced over the past twelve months.Sprint Corporation (NYSE:S) Consensus Call At 3.1
As regular trading ended, Sprint Corporation (S) stock brought in a $0.13 rise to $6.39. The day started at a price of $6.28 but then traded as high as $6.41 before giving part of the gains back. As for this week, analysts appear content to stick with their bleak outlook with the consensus call at 3.1. Sprint Corporation is given 0 buy-equivalent recommendations, 1 sells and 12 holds. The company shares sank -3.47% from their peak of $6.62 and now has a $26.92 billion market value of equity.Sprint Corporation Could Grow 2.97% More
S’s mean recommendation on Reuter’s scale presents no change from 3.17 thirty days ago to 3.17 now, which indicates a sell consensus from the analyst community. They see Sprint Corporation (S) price hitting a mean target of $6.58 a share, meaning the stock still has potential that could lift the price another 2.97% . Also, the recent close suggests the stock is underpriced by 33.02% compared to the most bullish target.Sprint Corporation (S) Returns 9.79% This Year
The company had seen its current volume reaching at 10685618 shares in the last trade. That compares with the recent volume average of 12519140. At the close of regular trading, its last week’s stock price volatility was 2.2% which for the month reaches 2.06%. Sprint Corporation dipped to as low as $6.27 throughout the day and has returned 9.79% in this year. At one point in the past year, the shares traded as low as $4.81 but has recovered 32.85% since then. [T4]