Cypress Semiconductor Corp. (CY) was among the biggest gainers on the Russell 2000 for Thursday January 21 as the stock popped 6.94% to $8.17, representing a gain of $0.53 per share. Some 12.86 million shares traded hands on 60,433 trades, compared with an average daily volume of 7.06 million shares out of a total float of 333.82 million. The stock opened at $8.15 and traded with an intraday range of $8.46 to $7.95.
After today's gains, Cypress Semiconductor Corp. reached a market cap of $2.73 billion. Cypress Semiconductor Corp. has had a trading range between $16.25 and $7.18 over the last year, and it had a 50-day SMA of $9.62 and a 200-day SMA of $10.76.
Cypress Semiconductor Corp with its subsidiaries, designs, develops, manufactures and markets high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and system value.
Cypress Semiconductor Corp. is based out of San Jose, CA and has some 3,350 employees. Its CEO is Thurman J. Rodgers.
For a complete fundamental analysis analysis of Cypress Semiconductor Corp., check out Equities.com’s Stock Valuation Analysis report for CY. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
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