Aetna Inc. (AET): What’s the Story?

Aetna Inc. (AET) is an interesting player in the Healthcare space, with a focus on Health Care Plans. The stock has been active on the tape, currently trading at $184.21, up from yesterday’s close by 0.40%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Aetna Inc. (AET) currently trades with a market capitalization of $60.73 Billion. That value represents a market adjusting for revenues that have been falling by -4.97 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $946.9 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $1.2 on a per share basis this quarter. Perhaps, that suggests something about why 0.48% of the outstanding share supply is held by institutional investors.



Technical Analysis

We’ve taken a serious look at this stock from a fundamental perspective, but the tale of the tape may offer more hints about what lies under the surface. Looking at the stock’s movement on the chart, Aetna Inc. recorded a 52-week high of $192.37. It is now trading 8.16% off that level. The stock is trading $178.34 its 50-day moving average by -5.87%. The stock carved out a 52-week low down at $116.04.

In recent action, Aetna Inc. (AET) has made a move of +1.59% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 21.04, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 0.84% with $324.82 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of AET.

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