Just the Facts on The Hartford Financial Services Group, Inc. (HIG)

The Hartford Financial Services Group, Inc. (HIG) is an interesting player in the Financial space, with a focus on Property & Casualty Insurance. The stock has been active on the tape, currently trading at $52.04, up from yesterday’s close by 0.72%. 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

The Hartford Financial Services Group, Inc. (HIG) currently trades with a market capitalization of $18.91 Billion. That value represents a market adjusting for revenues that have been growing by 25.80 % 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 $1.94 Billion over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $1.09 on a per share basis this quarter. Perhaps, that suggests something about why 0.39% 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, The Hartford Financial Services Group, Inc. recorded a 52-week high of $59.20. It is now trading 7.16% off that level. The stock is trading $53.24 its 50-day moving average by 1.2%. The stock carved out a 52-week low down at $46.69.

In recent action, The Hartford Financial Services Group, Inc. (HIG) has made a move of -3.50% 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 13.41, 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 0.93% with $359.98 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of HIG.

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