How Does Cenveo, Inc. (CVO) Stack Up Right Now?

Cenveo, Inc. (CVO) is an interesting player in the Services space, with a focus on Business Services. The stock has been active on the tape, currently trading at $0.19, down from yesterday’s close by -21.21%. 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

Cenveo, Inc. (CVO) currently trades with a market capitalization of $2.20 Million. That value represents a market adjusting for revenues that have been falling by -13.89 % 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 -$7.13 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.03 on a per share basis this quarter. Perhaps, that suggests something about why 94.24% 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, Cenveo, Inc. recorded a 52-week high of $6.63. It is now trading 6.44% off that level. The stock is trading $0.97 its 50-day moving average by 0.78%. The stock carved out a 52-week low down at $0.22.

In recent action, Cenveo, Inc. (CVO) has made a move of -83.19% 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 12.51, 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 23.09% with $5.80 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of CVO.

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