Digging Up the Facts on Cheniere Energy, Inc. (LNG)

Cheniere Energy, Inc. (LNG) is an interesting player in the Basic Materials space, with a focus on Oil & Gas Pipelines. The stock has been active on the tape, currently trading at $46.55, up from yesterday’s close by 1.55%. 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

No amount of research is complete without a bird’s eye view of the financial data. Cheniere Energy, Inc. (LNG) currently trades with a market capitalization of $10.98 Billion.

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 LNG, the company currently has $1.83 Billion of cash on the books. You can get a sense of how sustainable that is by a levered free cash flow of $-3.98 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $-0.15 on a per share basis this quarter. Perhaps, that suggests something about why 86.32% of the outstanding share supply is held by institutional investors.

Technical Analysis

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, Cheniere Energy, Inc. recorded a 52-week high of $51.41. It is now trading 4.86% off that level. The stock is trading $43.40 its 50-day moving average by -3.15%. The stock carved out a 52-week low down at $35.07.

In recent action, Cheniere Energy, Inc. (LNG) has made a move of +8.33% 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 17.45, 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 6.73% with $233.98 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of LNG.

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