Checking the Overall Picture for Leucadia National Corporation (LUK)

Leucadia National Corporation (LUK) is an interesting player in the Financial space, with a focus on Investment Brokerage – National. The stock has been active on the tape, currently trading at $23.50, down from yesterday’s close by -1.22%. 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

Leucadia National Corporation (LUK) currently trades with a market capitalization of $8.40 Billion. That value represents a market adjusting for revenues that have been falling by -4.33 % 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 -$1.05 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.24 on a per share basis this quarter. Perhaps, that suggests something about why 12.88% 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, Leucadia National Corporation recorded a 52-week high of $28.30. It is now trading 4.8% off that level. The stock is trading $23.81 its 50-day moving average by 0.31%. The stock carved out a 52-week low down at $21.61.

In recent action, Leucadia National Corporation (LUK) has made a move of -3.37% 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 14.61, 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 1.25% with $316.21 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of LUK.

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