Matador Resources Company (MTDR) is an interesting player in the Basic Materials space, with a focus on Independent Oil & Gas. The stock has been active on the tape, currently trading at $33.23, up from yesterday’s close by 1.10%. 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
Matador Resources Company (MTDR) currently trades with a market capitalization of $3.67 Billion. That value represents a market adjusting for revenues that have been growing by 42.62 % 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 -$441.73 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.34 on a per share basis this quarter. Perhaps, that suggests something about why 4.18% of the outstanding share supply is held by institutional investors.
As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, Matador Resources Company recorded a 52-week high of $35.22. It is now trading 1.99% off that level. The stock is trading $30.85 its 50-day moving average by -2.38%. The stock carved out a 52-week low down at $20.13.
In recent action, Matador Resources Company (MTDR) has made a move of +1.47% 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 10.53% with $97.16 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of MTDR.