Invesco Ltd. (IVZ): What’s the Story?

Invesco Ltd. (IVZ) is an interesting player in the Financial space, with a focus on Asset Management. The stock has been active on the tape, currently trading at $36.54, down from yesterday’s close by -0.63%. 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

Invesco Ltd. (IVZ) currently trades with a market capitalization of $14.97 Billion. That value represents a market adjusting for revenues that have been growing by 11.33 % 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 $ over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.69 on a per share basis this quarter. Perhaps, that suggests something about why 1.36% 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 IVZ has been acting. Looking at the stock’s movement on the chart, Invesco Ltd. recorded a 52-week high of $37.85. It is now trading 1.31% off that level. The stock is trading $36.22 its 50-day moving average by -0.32%. The stock carved out a 52-week low down at $28.75.

In recent action, Invesco Ltd. (IVZ) has made a move of +1.02% 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 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 2.45% with $316.33 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of IVZ.

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