Cree Inc
CREE:NASDAQ
| Last | Change / % Change | Dividend Yield | Volume |
| 24.56 | 0.25 1.03% | 0.00% | 4,332,401 |
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Latest News Headlines for Cree Inc
Cree, Inc. to Webcast Upcoming Presentations
Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today
announced it will webcast its presentation at four upcoming events.
Chuck Swoboda, Chairman and Chief Executive Officer, will provide a
company overview at Cree's Fiscal Year 2011 Annual Meeting of
Shareholders on Tuesday, October 25th, at 10:00 am ET.
ON Semiconductor had the Lowest Relative Performance in the Semiconductors Industry (ONNN, CREE, FSLR, TSL, AMCC)
Here are 5 stocks in the Semiconductors industry ranked by performance. We compiled the trading activity from yesterday and then analyzed the industry looking for stocks that were underperforming. This is what we found:
Sellers Reduce Exposure to Shares of Cree on 2.0x Above-Average Volume (CREE)
View more recent headlinesThe price of Cree shares has slipped to $25.07 (a 9.8% change) on heavy trading volume. Today's volume of 7.0 million shares tops the average 30-day volume of 3.5 million shares. Spikes in volume can validate a breakout or signify a potential turning point.
Company Background
Cree, Inc. (Cree) develops and manufactures semiconductor materials and devices primarily based on silicon carbide (SiC), gallium nitride (GaN) and related compounds. It focuses its expertise in SiC and GaN on light emitting diode (LED) products. It also develops power and radio frequency (RF) products. Cree derives the largest portion of its revenue from the sales of its LED products, which includes LED components, LED chips, LED lighting products and SiC wafers. Also included are revenues derived from government agencies to support the development of LED lighting. It also generates revenue from sales of power and RF products. These products include power rectifiers made from SiC, which provide faster switching speeds, and also include RF devices made from SiC or GaN, which allow for higher power densities. Also included are revenues derived from government agencies to support the development of SiC- and GaN-based power. In August 2011, it acquired Ruud Lighting, Inc.
Bid/Size -- / -- | Ask/Size -- / -- |
Price Open 24.43 | Previous Close 24.31 |
Day High 24.92 | Day Low 23.70 |
52wk High/Date 72.85 / 12/13/2010 | 52wk Low/Date 23.03 / 10/4/2011 |
Beta 0.9 | Market Capitalization 2.8B |
Shares Outstanding 115.7M | Volatility Avg 54.77 |
Avg Vol(10 day) 4.4M | P/E Ratio 26.8x |
EPS(TTM) 0.92 | Yield 0.00% |
Dividend Announcement -- | Ex-Date -- |
Payable 0.00 - -- | Payable Date -- |
Date of Record -- | |
Last Trade as of 10/20/2011 4:00 PM ET | |
CREE Cree Inc vs. Peers
| Peers | |
|---|---|
CREE Cree Inc | -63.11% |
RF Micro Devices, Inc. | -5.44% |
TriQuint Semiconductor | -40.03% |
CREE Cree Inc | 0.00% |
RF Micro Devices, Inc. | -- |
TriQuint Semiconductor | -- |
CREE Cree Inc | 1.03% |
RF Micro Devices, Inc. | 1.29% |
TriQuint Semiconductor | -3.85% |