Taking a Fresh Look at Juno Therapeutics, Inc. (JUNO)

Juno Therapeutics, Inc. (JUNO) is an interesting player in the Healthcare space, with a focus on Biotechnology. The stock has been active on the tape, currently trading at $86.08, up from yesterday’s close by 0.28%. 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

Juno Therapeutics, Inc. (JUNO) currently trades with a market capitalization of $9.81 Billion. That value represents a market adjusting for revenues that have been growing by 115.19 % 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 -$296.97 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of -$1 on a per share basis this quarter. Perhaps, that suggests something about why 5.27% 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, Juno Therapeutics, Inc. recorded a 52-week high of $86.28. It is now trading 0.2% off that level. The stock is trading $62.51 its 50-day moving average by -23.57%. The stock carved out a 52-week low down at $19.62.

In recent action, Juno Therapeutics, Inc. (JUNO) has made a move of +88.77% 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 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 4.17% with $87.25 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of JUNO.

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