Cirrus Logic Sees Minor Decline Amid Mixed Peer Activity
At 12:47 AM Central European Time on Friday, 23 September 2026, Cirrus Logic (CRUS) closed the trading day down 0.15 percent, with the share price settling at USD 110.49. The stock remains actively traded, with a circulating supply of 50.1 million shares and a market capitalization of USD 5.5 billion. In the 24‑hour period leading up to the close, approximately USD 66.6 million worth of shares changed hands.
The company’s performance over the month to date has been less favourable, showing a decline of 8.09 percent since the previous month‑end. Over the longer term, the 200‑day simple moving average stands at USD 139.21, underscoring the current downside trend. Historically, the share has reached a high of USD 180.42 on 27 May 2026, while its 52‑week low was USD 105.10 on 15 October 2026, indicating a broad range of volatility.
Peer Comparisons in the Last 24 Hours
| Ticker | Direction | Price | Market Cap | P/E Ratio |
|---|---|---|---|---|
| LYFT | Down 2.67 % | USD 17.43 | USD 6.5 bn | 2.42 |
| G | Up 1.63 % | USD 41.78 | USD 6.5 bn | 11.45 |
| GTES | Up 2.34 % | USD 25.10 | USD 6.6 bn | 18.54 |
| LNTH | Down 0.15 % | USD 100.10 | USD 6.6 bn | 24.14 |
| QLYS | Up 3.27 % | USD 208.20 | USD 6.6 bn | 33.03 |
While Cirrus Logic’s movement was modest, its peers displayed a broader mix of gains and losses, reflecting sector‑specific dynamics rather than a systemic market shift.
Company Profile
Cirrus Logic, Inc., headquartered in Austin, Texas, is a fabless semiconductor firm that designs audio and voice‑integrated circuits and software solutions. Its products serve a spectrum of markets, including mobile communications, automotive entertainment, and consumer audio devices. The company’s focus on high‑quality, power‑efficient audio processing positions it to benefit from ongoing trends in connected vehicles and wearable technology.
This article is intended to provide a concise, factual overview of Cirrus Logic’s recent trading activity and its context within the broader market landscape. All figures are current as of the stated time and subject to change with market developments.
