Checking the Overall Picture for General Mills (GIS)

General Mills, Inc. (GIS) is an interesting player in the Consumer Goods space, with a focus on Processed & Packaged Goods. The stock has been active on the tape, currently trading at $42.91, up from yesterday’s close by 1.63%. 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

General Mills, Inc. (GIS) currently trades with a market capitalization of $25.26 Billion. That value represents a market adjusting for revenues that have been growing by 2.35 % 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 $2.28 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.75 on a per share basis this quarter. Perhaps, that suggests something about why 1.18% 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 GIS has been acting. Looking at the stock’s movement on the chart, General Mills, Inc. recorded a 52-week high of $60.69. It is now trading 17.78% off that level. The stock is trading $43.42 its 50-day moving average by 0.51000000000001%. The stock carved out a 52-week low down at $41.01.

In recent action, General Mills, Inc. (GIS) has made a move of +0.68% 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 14.04, 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 4.71% with $588.61 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of GIS.

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