Exxon Mobil Corporation (XOM) is an interesting player in the Basic Materials space, with a focus on Major Integrated Oil & Gas. The stock has been active on the tape, currently trading at $76.26, down from yesterday’s close by -1.56%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.
Does this stock stack up well when compared to its peers in the industry space? Let’s take a look. Exxon Mobil Corporation (XOM) currently trades with a market capitalization of $326.26 Billion. That value represents a market adjusting for revenues that have been growing by 7.92 % on a quarterly year/year basis as of the company’s last quarterly report.
The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For XOM, the company currently has $4.04 Billion of cash on the books, which is offset by $17.19 Billion current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $14.59 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.84 on a per share basis this quarter. Perhaps, that suggests something about why 49.07% 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, Exxon Mobil Corporation recorded a 52-week high of $93.21. It is now trading 16.95% off that level. The stock is trading $80.63 its 50-day moving average by 4.37%. The stock carved out a 52-week low down at $77.31.
In recent action, Exxon Mobil Corporation (XOM) has made a move of -5.69% 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 26.47, 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 0.86% with $4.23 Billion sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of XOM.