Shares of Cypress Semiconductor Corporation (NASDAQ:CY) [Trend Analysis] runs in leading trade, it surging 1.30% to traded at $10.88. The firm has price volatility of 1.88% for a week and 3.00% for a month. Its beta stands at 1.78 times. . Narrow down four to firm performance, its weekly performance was 3.13% and monthly performance was 1.59%.
CEO of Cypress Semiconductor (CY) Hassane El-Khoury reported that the firm’s restructuring plan is on track and says there is big prospects in autonomous cars and the internet of things. In early October, Cypress reported an ambitious resturturing plan that would mean the elimination of 500 jobs. El-Khoury says, “everyone who is part of the restructuring has already been communicated with The goal for us is to have most of the plan completed by FIRST QUARTER.”
<p>The restructuring plan comes on the heels of the chip makers recent acquisition of Broadcom’s (AVGO) IoT division early this summer. “We’re very excited about our IoT business that’s generating the income and the growth that we predictable when we closed, actually exceeding the high-end of our guidance last quarter and that’s going to be a lot of our growth moving into 2017.”
Furthermore, it has price to sale ratio of 1.88 that signifies the value placed on each dollar of a firm’s sales or incomes. The firm’s price to book was 1.77, which can be compared with current price to get idea about under or overvalue of stock. Forward Price to Earnings ratio of CY attains value of 15.32 that is projecting or estimating EPS for the next 12-months and its follow by traders who believe on anticipates of a firm’s future rather than past performance.
To have technical views, liquidity ratio of a company calculated as 1.30 to match up with its debt to equity ratio of 0.62. The float short ration was 11.72%; as compared to Short Ratio were 6.68. The firm has institutional ownership of 92.10%, while insider ownership included 3.50%. CY attains analyst recommendation of 2.50 with week’s performance of 3.13%.
Under investment valuation analysis, Stratasys Ltd. (NASDAQ:SSYS) presented as an active mover, it has floated short ration of 14.31%, hold to candle to sentiment indicator of Short Ratio, which was 6.73. Shares inched down -0.11% to trade at $18.64 in most recent trading session.
The co stands at price to sale ratio of 1.43 that signifies the value placed on each dollar of a firm’s sales or incomes; it is most relevant ratio to compare companies in similar sector. It has price to book ratio of 0.84, which gauges the market price of a share over its book value.
The firm has price volatility of 7.11% for a week and 4.83% for a month. Narrow down focus to firm performance, its weekly performance was -11.15% and monthly performance was -8.18%. The stock price of SSYS is moving down from its 20 days moving average with -3.30% and isolated negatively from 50 days moving average with -11.69%.