Taking a Fresh Look at OM Asset Management plc (OMAM)

OM Asset Management plc (OMAM) is an interesting player in the Financial space, with a focus on Asset Management. The stock has been active on the tape, currently trading at $16.75, down from yesterday’s close by -0.59%. 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

OM Asset Management plc (OMAM) currently trades with a market capitalization of $1.85 Billion. That value represents a market adjusting for revenues that have been growing by 29.84 % 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 $236.5 Million over the past twelve months. Generally speaking, earnings are expected to hold steady in coming quarters. Analysts are forecasting earnings of $0.41 on a per share basis this quarter. Perhaps, that suggests something about why 0.86% of the outstanding share supply is held by institutional investors.

Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, OM Asset Management plc recorded a 52-week high of $17.22. It is now trading 0.47% off that level. The stock is trading $16.06 its 50-day moving average by -0.69%. The stock carved out a 52-week low down at $13.20.

In recent action, OM Asset Management plc (OMAM) has made a move of +2.13% over the past month, which has come on weak 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 0.31% with $75.38 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of OMAM.

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