The Goldman Sachs Group, Inc. (GS): From Top to Bottom

The Goldman Sachs Group, Inc. (GS) is an interesting player in the Financial space, with a focus on Investment Brokerage – National. The stock has been active on the tape, currently trading at $246.06, up from yesterday’s close by 2.39%. 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

Does this stock stack up well when compared to its peers in the industry space? Let’s take a look. The Goldman Sachs Group, Inc. (GS) currently trades with a market capitalization of $94.50 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 GS, you can get a sense of how sustainable that is by a levered free cash flow of $-14.62 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $4.14 on a per share basis this quarter. Perhaps, that suggests something about why 78.13% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how GS has been acting. Looking at the stock’s movement on the chart, The Goldman Sachs Group, Inc. recorded a 52-week high of $255.15. It is now trading 9.09% off that level. The stock is trading $227.05 its 50-day moving average by -19.01%. The stock carved out a 52-week low down at $163.01.

In recent action, The Goldman Sachs Group, Inc. (GS) has made a move of +14.00% 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 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 1.69% with $379.94 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of GS.

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