Home / Street Sector / Stock Revamps on Eco Changes: Cypress Semiconductor (NASDAQ:CY), Ballard Power Systems (BLDP), Harmonic (HLIT)

Stock Revamps on Eco Changes: Cypress Semiconductor (NASDAQ:CY), Ballard Power Systems (BLDP), Harmonic (HLIT)

Cypress Semiconductor Corporation (NASDAQ:CY) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 0.17% to close at $12.09 with the total traded volume of 2.81 Million shares. The independent subsidiary of Cypress Semiconductor Corp. (NASDAQ:CY), Deca Technologies revealed that receipt of an additional $51.5 million investment from a leading electronics firm.

Combined with the before reported investment from ASE of $60 million, and following the repurchase of $20.6 million of shares held by Cypress Semiconductor Corp., Deca will have about $90.8 million to be directed toward development of surged capacity for its M-Series™ Fan-Out Wafer Level Packaging (FOWLP) and general corporate purposes. ASE and Deca have also consummated a technology transfer and license contract whereby ASE will install M-Series™ capacity in its fab in Kaohsiung, Taiwan and the parties will cooperate to scale the technology. The firm has institutional ownership of 98.60%, while insider ownership included 4.10%. Its price to sales ratio ended at 2.17. CY attains analyst recommendation of 2.50 with week performance of 8.45%.

Ballard Power Systems Inc. (NASDAQ:BLDP) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 1.05% to $2.12. Ballard Power Systems (NASDAQ:BLDP) revealed that next step in its China strategy with the signing of a Memorandum of Understanding (MOU) with strategic partner Zhongshan Broad-Ocean Motor Firm Limited having a goal of producing fuel cell modules for use in buses and commercial vehicles in select cities and regions in China.

Key regions contemplated in the MOU include Wuhan, Chongqing (or Chengdu, the capital of Sichuan Province), Shandong Province, and Beijing (the Chinese national capital city). The MOU was inked during a Commercial Ceremony held at the Jing An Shangri-La Hotel in Shanghai, China and was hosted by The Right Honorable Justin Trudeau, the Prime Minister of Canada, who is in China on an official visit at the invitation of Premier of the State Council of the People’s Republic of China, Mr. Li Keqiang. The MOU signing was witnessed by The Honorable Chrystia Freeland, Canada’s Minister of International Trade, together with a number of other dignitaries. The share price of BLDP attracts active investors, as stock price of week volatility recorded 5.36%. The stock is going forward to its 52-week low with 91.17% and lagging behind from its 52-week high price with -10.84%.

Harmonic Inc. (NASDAQ:HLIT) [Trend Analysis] climbed reacts as active mover, shares an advance 12.63% to traded at $5.01 and the percentage gap among open changing to regular change was 1.12%. The firm’s current ratio calculated as 1.60 for the most recent quarter. The firm past twelve months price to sales ratio was 0.96 and price to cash ratio remained 5.31. As far as the returns are concern, the return on equity was recorded as -17.90% and return on investment was -3.50% while its return on asset stayed at -10.60%. The firm has total debt to equity ratio measured as 0.37.


About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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