Cree (CREE)
Cree Altman Z-Score: 10.06
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CREE Altman Z-Score Rankings
| Overall | 93rd percentile | 241 of 3550 |
| Sector | 90th percentile | 70 of 758 in Technology |
| Industry | 90th percentile | 4 of 40 in Semiconductor Equipment & Materials |
CREE Altman Z-Score Range, Past 5 Years
| Minimum | 7.759 | Dec 2008 |
| Maximum | 28.47 | Mar 2010 |
| Average | 15.19 |
About Altman Z-Score
CAUTION: The Altman Z-Score is meant to be applied only to manufacturing firms that are near bankruptcy. It was not based on a sample including non-manufacturing firms (service firms, banks, etc.). Use it at your own risk with those companies, but beware that bankruptcy probabilities may be misstated.
The Altman Z-Score helps investors to gauge the probability of a company going bankrupt. Generally, firms with a score above 3.00 have a low probability of bankruptcy, and those with a Z-Score of less than 1.81 have a relatively high probability of bankruptcy.
Note that this is a probabilistic model, so it will not classify perfectly.
The score was first published in a 1968 paper by Edward Altman titled "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy."
Altman re-tested the model in a 2000 paper titled "Predicting financial distress of companies: Revisiting the Z-score and Zeta models". The paper showed that the model still had utility for looking at manufacturers, though the number of misclassifications did increase over time.
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CREE News
about a day ago by upsidetrader
May 24, 11:25AM Street Insider
May 23, 12:23PM Street Insider
May 23, 10:18AM Street Insider
about 6 days ago by KlRBY
about 7 days ago by TradeIdeasQuant
about 7 days ago by TrendHunter
about 12 days ago by gravitypulls
about 17 days ago by indicatorguys
May 10, 5:27PM Barrons.com
May 07, 9:00AM Business Wire
May 03, 9:00AM Business Wire
May 02, 9:00AM Business Wire
May 01, 9:00AM Business Wire
Apr 20, 1:53PM Street Insider
Apr 19, 3:26PM Street Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CREE | 26.11 | +0.20 | +0.77% | 3.031B |
| CRED | 10.90 | +0.00 | +0.00% | 109.44M |
| CRDC | 1.82 | +0.02 | +1.11% | 66.01M |
| CRDA | 3.31 | +0.04 | +1.22% | 178.04M |
| CRD.B | 3.56 | +0.04 | +1.14% | 179.92M |
| CRC | 1.24 | +0.09 | +7.82% | 7.961M |
| CRBQ | 40.28 | -0.33 | -0.80% | |
| CRBC | 16.22 | +0.14 | +0.87% | 649.61M |
| CRAY | 10.70 | +0.02 | +0.19% | 393.55M |
| CR | 38.50 | -0.30 | -0.77% | 2.236B |
