Checking the Overall Picture for Tesaro, Inc. (TSRO)

Tesaro, Inc. (NASDAQ:TSRO) is an interesting player in the Healthcare space, with a focus on Biotechnology. The stock has been active on the tape, currently trading at $146.98, up from yesterday’s close by 0.74%. 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

No amount of research is complete without a bird’s eye view of the financial data. Tesaro, Inc. (TSRO) currently trades with a market capitalization of $7.59B. That value represents a market adjusting for revenues that have been growing by 4,187.40% on a quarterly year/year basis as of the company’s last quarterly report.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For TSRO, the company currently has $647.32M of cash on the books, which is offset by $129.02M current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $-181.15M over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of -1.96 on a per share basis this quarter. Perhaps, that suggests something about why 105.20% of the outstanding share supply is held by institutional investors.

Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, Tesaro, Inc. recorded a 52-week high of 153.65. It is now trading 7.75 off that level. The stock is trading 136.22 its 50-day moving average by -9.68. The stock carved out a 52-week low down at 29.51.

In recent action, Tesaro, Inc. (TSRO) has made a move of +15.05% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is outperforming the S&P 500 by 288.41, and it’s gotten there by action that has been more 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 35.81M with 49.16% sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of TSRO.

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