Just the Facts on DISH Network Corporation (DISH)

DISH Network Corporation (DISH) is an interesting player in the Services space, with a focus on CATV Systems. The stock has been active on the tape, currently trading at $31.78, up from yesterday’s close by 2.12%. 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

DISH Network Corporation (DISH) currently trades with a market capitalization of $14.80 Billion. That value represents a market adjusting for revenues that have been falling by -6.03 % 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 $1.39 Billion over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.7 on a per share basis this quarter. Perhaps, that suggests something about why 0.85% of the outstanding share supply is held by institutional investors.

Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, DISH Network Corporation recorded a 52-week high of $66.50. It is now trading 34.72% off that level. The stock is trading $37.76 its 50-day moving average by 5.98%. The stock carved out a 52-week low down at $28.93.

In recent action, DISH Network Corporation (DISH) has made a move of -17.84% 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 12.84, 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 5.71% with $220.89 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of DISH.

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