How Does Berkshire Hills Bancorp, Inc. (BHLB) Stack Up Right Now?

Berkshire Hills Bancorp, Inc. (BHLB) is an interesting player in the Financial space, with a focus on Savings & Loans. The stock has been active on the tape, currently trading at $43.00, down from yesterday’s close by -1.26%. 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

Berkshire Hills Bancorp, Inc. (BHLB) currently trades with a market capitalization of $1.85 Billion. That value represents a market adjusting for revenues that have been growing by 32.87 % 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 $95.22 Million over the past twelve months. Generally speaking, earnings are expected to hold steady in coming quarters. Analysts are forecasting earnings of $0.7 on a per share basis this quarter. Perhaps, that suggests something about why 2.08% 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 BHLB has been acting. Looking at the stock’s movement on the chart, Berkshire Hills Bancorp, Inc. recorded a 52-week high of $44.10. It is now trading 1.1% off that level. The stock is trading $38.77 its 50-day moving average by -4.23%. The stock carved out a 52-week low down at $32.85.

In recent action, Berkshire Hills Bancorp, Inc. (BHLB) has made a move of +12.27% 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 1.82% with $38.19 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of BHLB.

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