4 Stocks Sink to 52-Week Lows: RadioShack, Zipcar
Shares of Cypress Semiconductor hit a 52-week low of $2.79 on Thursday. The stock's 52-week high of $23.40 was set on May 31.
Cypress Semiconductor's forward P/E is 10.31; the average for semiconductors is 21.76. For comparison, Cree(CREE) has a higher forward P/E of 21.8.
Thirteen of the 19 analysts who cover Cypress Semiconductor rated it buy. Four analysts gave the stock a hold rating and two rated it sell.
The stock has fallen 23.12% year to date.
-- Written by Alexandra Zendrian
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