Cree Inc. (CREE) is Trading Lower on Unusual Volume for January 18

Equities Staff |

Cree Inc. (CREE) experienced unusually high volume on Jan. 18, as the stock lost 1.67% to a closing price of $24.14. The stock saw 1.87 million shares trade hands over the course of the day on 15,720 trades. Given that the stock’s average daily volume over the last month has been 971,890 shares a day, this represents a pretty substantial spike over the norm.

Cree Inc. has a P/B ratio of 1.04. The stock has traded between $39.81 and $22.10 over the last 52-weeks, its 50-day SMA is now $25.93, and its 200-day SMA $27.42.

Cree Inc manufactures lighting-class light emitting diode (LED) products, lighting products and bandgap semiconductor products for power and radio-frequency (RF) applications.

Headquartered in Durham, NC, Cree Inc. has 6,387 employees and is currently under the leadership of CEO Charles M. Swoboda.

For a complete fundamental analysis analysis of Cree Inc., check out’s Stock Valuation Analysis report for CREE. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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