Checking the Overall Picture for Cisco Systems, Inc. (CSCO)

Cisco Systems, Inc. (CSCO) is an interesting player in the Technology space, with a focus on Networking & Communication Devices. The stock has been active on the tape, currently trading at $45.16, down from yesterday’s close by -0.86%. 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

Cisco Systems, Inc. (CSCO) currently trades with a market capitalization of $222.37 Billion. That value represents a market adjusting for revenues that have been growing by 2.65 % 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 $13.7 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.65 on a per share basis this quarter. Perhaps, that suggests something about why 0.16% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how CSCO has been acting. Looking at the stock’s movement on the chart, Cisco Systems, Inc. recorded a 52-week high of $45.89. It is now trading 0.73% off that level. The stock is trading $42.00 its 50-day moving average by -3.16%. The stock carved out a 52-week low down at $30.36.

In recent action, Cisco Systems, Inc. (CSCO) has made a move of +11.23% 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 16.68, 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 1.18% with $4.76 Billion sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of CSCO.

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