Checking the Overall Picture for BHP Billiton plc (BBL)

BHP Billiton plc (BBL) is an interesting player in the Basic Materials space, with a focus on Industrial Metals & Minerals. The stock has been active on the tape, currently trading at $40.30, down from yesterday’s close by -0.57%. 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

BHP Billiton plc (BBL) currently trades with a market capitalization of $116.03 Billion. That value represents a market adjusting for revenues that have been growing by 28.22 % 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 $12.54 Billion over the past twelve months. Generally speaking, earnings are expected to hold steady in coming quarters. Analysts are forecasting earnings of $0 on a per share basis this quarter. Perhaps, that suggests something about why 0.00% 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, BHP Billiton plc recorded a 52-week high of $40.56. It is now trading 0.26000000000001% off that level. The stock is trading $37.28 its 50-day moving average by -3.02%. The stock carved out a 52-week low down at $28.73.

In recent action, BHP Billiton plc (BBL) has made a move of +10.81% 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 19.03, 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 0.03% with $2.66 Billion sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of BBL.

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