Abercrombie & Fitch Co. (ANF): From Top to Bottom

Abercrombie & Fitch Co. (ANF) is an interesting player in the Services space, with a focus on Apparel Stores. The stock has been active on the tape, currently trading at $14.43, up from yesterday’s close by 0.70%. 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

This company has been competing with others in the Services space and offers its own combination of interesting factors Abercrombie & Fitch Co. (ANF) currently trades with a market capitalization of $980.37 Million.

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 ANF, the company currently has $421.9 Million of cash on the books. You can get a sense of how sustainable that is by a levered free cash flow of $48.99 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.22 on a per share basis this quarter. Perhaps, that suggests something about why 99.82% 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, Abercrombie & Fitch Co. recorded a 52-week high of $17.35. It is now trading 2.92% off that level. The stock is trading $12.14 its 50-day moving average by -2.29%. The stock carved out a 52-week low down at $8.81.

In recent action, Abercrombie & Fitch Co. (ANF) has made a move of +5.79% 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 17.45, 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 24.13% with $67.39 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of ANF.

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