Looking Closely at the Growth Curve for Cree Inc. (CREE)

Cree Inc. (NASDAQ:CREE) went down by -0.01% from its latest closing price compared to the recent 1-year high of $74.72. The company’s stock price has collected 3.39% of gains in the last five trading sessions. MarketWatch.com reported on 09/18/20 that Semiconductor stocks are hot, and these numbers say they have more room to run

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Is It Worth Investing in Cree Inc. (NASDAQ :CREE) Right Now?

Plus, the 36-month beta value for CREE is at 1.18. Opinions of the stock are interesting as 2 analysts out of 14 who provided ratings for Cree Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 11 rated it as “hold,” and 1 as “sell.”

The average price from analysts is $65.50, which is -$5.45 below the current price. CREE currently public float of 109.04M and currently shorts hold a 12.21% ratio of that float. Today, the average trading volume of CREE was 1.09M shares.

CREE’s Market Performance

CREE stocks went up by 3.39% for the week, with a monthly jump of 9.13% and a quarterly performance of 7.76%, while its annual performance rate touched 50.54%. The volatility ratio for the week stands at 2.84% while the volatility levels for the past 30 days are set at 3.48% for Cree Inc.. The simple moving average for the period of the last 20 days is 10.51% for CREE stocks with a simple moving average of 33.53% for the last 200 days.

Analysts’ Opinion of CREE

Citigroup gave a rating of “Neutral” to CREE, setting the target price at $82 in the report published on August 12th of the current year.

CREE Trading at 9.49% from the 50-Day Moving Average

After a stumble in the market that brought CREE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.48% of loss for the given period.

Volatility was left at 3.48%, however, over the last 30 days, the volatility rate increased by 2.84%, as shares surge +12.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.17% lower at present.

During the last 5 trading sessions, CREE rose by +3.39%, which changed the moving average for the period of 200-days by +54.65% in comparison to the 20-day moving average, which settled at $64.97. In addition, Cree Inc. saw 54.65% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at CREE starting from LE DUY LOAN T, who purchase 2,000 shares at the price of $45.87 back on Nov 01. After this action, LE DUY LOAN T now owns 13,659 shares of Cree Inc., valued at $91,738 using the latest closing price.

Stock Fundamentals for CREE

Current profitability levels for the company are sitting at:

  • -18.13 for the present operating margin
  • +25.87 for the gross margin

The net margin for Cree Inc. stands at -21.21. The total capital return value is set at -6.06, while invested capital returns managed to touch -7.11. Equity return is now at value -9.50, with -6.60 for asset returns.

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Based on Cree Inc. (CREE), the company’s capital structure generated 39.01 points at debt to equity in total, while total debt to capital is 28.06. Total debt to assets is 25.15, with long-term debt to equity ratio resting at 38.59. Finally, the long-term debt to capital ratio is 27.76.

When we switch over and look at the enterrpise to sales, we see a ratio of 6.42, with the company’s debt to enterprise value settled at 0.14. The receivables turnover for the company is 7.24 and the total asset turnover is 0.30. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.47.

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