How Does Ubiquiti Networks, Inc. (UBNT) Stack Up Right Now?

Ubiquiti Networks, Inc. (UBNT) is an interesting player in the Technology space, with a focus on Communication Equipment. The stock has been active on the tape, currently trading at $81.44, up from yesterday’s close by 11.03%. 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

Ubiquiti Networks, Inc. (UBNT) currently trades with a market capitalization of $6.31 Billion. That value represents a market adjusting for revenues that have been growing by 17.46 % 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 $191.44 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.93 on a per share basis this quarter. Perhaps, that suggests something about why 74.93% of the outstanding share supply is held by institutional investors.

Technical Analysis

We’ve taken a serious look at this stock from a fundamental perspective, but the tale of the tape may offer more hints about what lies under the surface. Looking at the stock’s movement on the chart, Ubiquiti Networks, Inc. recorded a 52-week high of $82.30. It is now trading 0.86% off that level. The stock is trading $71.00 its 50-day moving average by -10.44%. The stock carved out a 52-week low down at $46.16.

In recent action, Ubiquiti Networks, Inc. (UBNT) has made a move of +14.40% 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 12.84, 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 46.30% with $20.62 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of UBNT.

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