- CRUS has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $35.1 million.
- CRUS has traded 177,784 shares today.
- CRUS is trading at 2.43 times the normal volume for the stock at this time of day.
- CRUS is trading at a new low 3.02% below yesterday's close.
'Weak on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as material stock news, analyst downgrades, insider selling, selling from 'superinvestors,' or that hedge funds and traders are piling out of a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize (or avoid losses by trimming weak positions). In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success. EXCLUSIVE OFFER: Get the inside scoop on opportunities in CRUS with the Ticky from Trade-Ideas. See the FREE profile for CRUS NOW at Trade-Ideas
- CRUS's very impressive revenue growth greatly exceeded the industry average of 0.5%. Since the same quarter one year prior, revenues leaped by 70.5%. Growth in the company's revenue appears to have helped boost the earnings per share.
- CRUS's debt-to-equity ratio is very low at 0.24 and is currently below that of the industry average, implying that there has been very successful management of debt levels. To add to this, CRUS has a quick ratio of 1.77, which demonstrates the ability of the company to cover short-term liquidity needs.
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Semiconductors & Semiconductor Equipment industry. The net income increased by 69.4% when compared to the same quarter one year prior, rising from $12.60 million to $21.35 million.
- Powered by its strong earnings growth of 60.00% and other important driving factors, this stock has surged by 69.66% over the past year, outperforming the rise in the S&P 500 Index during the same period. Looking ahead, the stock's sharp rise over the last year has already helped drive it to a level which is relatively expensive compared to the rest of its industry. We feel, however, that other strengths this company displays justify these higher price levels.
- CIRRUS LOGIC INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, CIRRUS LOGIC INC reported lower earnings of $0.84 versus $1.64 in the prior year. This year, the market expects an improvement in earnings ($2.38 versus $0.84).
- You can view the full Cirrus Logic Ratings Report.
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