Eli Lilly and Company (LLY) is an interesting player in the Healthcare space, with a focus on Drug Manufacturers – Major. The stock has been active on the tape, currently trading at $84.46, down from yesterday’s close by -0.69%. 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
Eli Lilly and Company (LLY) currently trades with a market capitalization of $93.65 Billion. That value represents a market adjusting for revenues that have been growing by 8.98 % 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 $4.95 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $1.07 on a per share basis this quarter. Perhaps, that suggests something about why 0.38% of the outstanding share supply is held by institutional investors.
It’s important to check the technicals to get a sense of how LLY has been acting. Looking at the stock’s movement on the chart, Eli Lilly and Company recorded a 52-week high of $89.09. It is now trading 4.63% off that level. The stock is trading $84.72 its 50-day moving average by 0.26000000000001%. The stock carved out a 52-week low down at $73.23.
In recent action, Eli Lilly and Company (LLY) has made a move of -0.21% 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 19.03, 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 1.26% with $1.10 Billion sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of LLY.