Checking the Overall Picture for Great Plains Energy Incorporated (GXP)

Great Plains Energy Incorporated (GXP) is an interesting player in the Utilities space, with a focus on Electric Utilities. The stock has been active on the tape, currently trading at $29.97, down from yesterday’s close by -1.28%. 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

Great Plains Energy Incorporated (GXP) currently trades with a market capitalization of $6.46 Billion. That value represents a market adjusting for revenues that have been growing by 0.05 % 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 $182.3 Million over the past twelve months. Generally speaking, earnings are expected to hold steady in coming quarters. Analysts are forecasting earnings of $0.13 on a per share basis this quarter. Perhaps, that suggests something about why 0.66% 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, Great Plains Energy Incorporated recorded a 52-week high of $34.72. It is now trading 4.75% off that level. The stock is trading $31.72 its 50-day moving average by 1.75%. The stock carved out a 52-week low down at $27.59.

In recent action, Great Plains Energy Incorporated (GXP) has made a move of -2.82% 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 13.62, 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 3.08% with $212.96 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of GXP.

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