Cypress Semiconductor (CY) Leads The Pack In Pre-Market Activity

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Trade-Ideas LLC identified Cypress Semiconductor ( CY) as a pre-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified Cypress Semiconductor as such a stock due to the following factors:

  • CY has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $168.6 million.
  • CY traded 41,623 shares today in the pre-market hours as of 8:59 AM.
  • CY is up 2.8% today from yesterday's close.

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More details on CY:

Cypress Semiconductor Corporation provides mixed-signal programmable solutions, specialized semiconductor memories, and integrated semiconductor solutions worldwide. The stock currently has a dividend yield of 3.5%. Currently there are 5 analysts that rate Cypress Semiconductor a buy, 1 analyst rates it a sell, and 3 rate it a hold.

The average volume for Cypress Semiconductor has been 8.0 million shares per day over the past 30 days. Cypress Semiconductor has a market cap of $4.2 billion and is part of the technology sector and electronics industry. The stock has a beta of 1.11 and a short float of 7.7% with 1.68 days to cover. Shares are down 11.6% year-to-date as of the close of trading on Tuesday.

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