How Does Square, Inc. (SQ) Stack Up Right Now?

Square, Inc. (SQ) is an interesting player in the Technology space, with a focus on Internet Software & Services. The stock has been active on the tape, currently trading at $54.82, down from yesterday’s close by -3.13%. 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

Square, Inc. (SQ) currently trades with a market capitalization of $21.78 Billion. That value represents a market adjusting for revenues that have been growing by 44.86 % 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 $108.1 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.06 on a per share basis this quarter. Perhaps, that suggests something about why 0.73% 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, Square, Inc. recorded a 52-week high of $58.46. It is now trading 3.64% off that level. The stock is trading $50.86 its 50-day moving average by -3.96%. The stock carved out a 52-week low down at $19.45.

In recent action, Square, Inc. (SQ) has made a move of +8.28% 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 15.08, 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 11.87% with $283.27 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of SQ.

Previous articleChecking the Overall Picture for Denbury Resources (DNR)
Next articleTaking a Fresh Look at Facebook, Inc. (FB)