How Does American Outdoor Brands Corporation (AOBC) Stack Up Right Now?

American Outdoor Brands Corporation (AOBC) is an interesting player in the Industrial Goods space, with a focus on Aerospace/Defense Products & Services. The stock has been active on the tape, currently trading at $12.84, down from yesterday’s close by -0.70%. 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

American Outdoor Brands Corporation (AOBC) currently trades with a market capitalization of $699.65 Million. That value represents a market adjusting for revenues that have been falling by -36.44 % 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 $10.13 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.08 on a per share basis this quarter. Perhaps, that suggests something about why 12.02% 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, American Outdoor Brands Corporation recorded a 52-week high of $24.49. It is now trading 11.65% off that level. The stock is trading $13.81 its 50-day moving average by 0.97%. The stock carved out a 52-week low down at $12.46.

In recent action, American Outdoor Brands Corporation (AOBC) has made a move of -8.48% 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 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 12.70% with $53.08 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of AOBC.

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