Square (SQ): From Top to Bottom

Square, Inc. (SQ) is an interesting player in the Technology space, with a focus on Internet Software & Services. The stock has been active on the tape, currently trading at $61.78, up from yesterday’s close by 1.83%. 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

Square, Inc. (SQ) currently trades with a market capitalization of $25.13 Billion. That value represents a market adjusting for revenues that have been growing by 44.86 % 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 $108.1 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.12 on a per share basis this quarter. Perhaps, that suggests something about why 0.73% of the outstanding share supply is held by institutional investors.



Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, Square, Inc. recorded a 52-week high of $62.83. It is now trading 1.05% off that level. The stock is trading $52.27 its 50-day moving average by -9.51%. The stock carved out a 52-week low down at $22.41.

In recent action, Square, Inc. (SQ) has made a move of +13.05% 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 11.48% with $283.29 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of SQ.

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