Andeavor (ANDV): From Top to Bottom

Andeavor (ANDV) is an interesting player in the Basic Materials space, with a focus on Oil & Gas Refining & Marketing. The stock has been active on the tape, currently trading at $113.84, up from yesterday’s close by 2.97%. 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

Andeavor (ANDV) currently trades with a market capitalization of $17.35 Billion. That value represents a market adjusting for revenues that have been growing by 60.13 % 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 $284 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.72 on a per share basis this quarter. Perhaps, that suggests something about why 3.82% 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, Andeavor recorded a 52-week high of $121.71. It is now trading 7.87% off that level. The stock is trading $100.08 its 50-day moving average by -13.76%. The stock carved out a 52-week low down at $75.11.

In recent action, Andeavor (ANDV) has made a move of +14.76% 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 13.41, 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 3.78% with $142.23 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of ANDV.

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