Checking the Overall Picture for Cisco Systems, Inc. (CSCO)

Cisco Systems, Inc. (CSCO) is an interesting player in the Technology space, with a focus on Networking & Communication Devices. The stock has been active on the tape, currently trading at $31.38, down from yesterday’s close by -7.21%. 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

Does this stock stack up well when compared to its peers in the industry space? Let’s take a look. Cisco Systems, Inc. (CSCO) currently trades with a market capitalization of $157.99 Billion. That value represents a market adjusting for revenues that have been falling by -0.50 % 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 CSCO, the company currently has $10.9 Billion of cash on the books, which is offset by $4.45 Billion current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $12.29 Billion over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.58 on a per share basis this quarter. Perhaps, that suggests something about why 0.15% of the outstanding share supply is held by institutional investors.

Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, Cisco Systems, Inc. recorded a 52-week high of $34.60. It is now trading 3.22% off that level. The stock is trading $33.62 its 50-day moving average by 2.24%. The stock carved out a 52-week low down at $25.59.

In recent action, Cisco Systems, Inc. (CSCO) has made a move of -4.42% 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 2.59, 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 0.79% with $5.00 Billion sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of CSCO.

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