Checking the Overall Picture for Intercontinental Exchange, Inc. (ICE)

Intercontinental Exchange, Inc. (ICE) is an interesting player in the Financial space, with a focus on Diversified Investments. The stock has been active on the tape, currently trading at $75.44, up from yesterday’s close by 0.15%. 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

Intercontinental Exchange, Inc. (ICE) currently trades with a market capitalization of $43.88 Billion. That value represents a market adjusting for revenues that have been growing by 5.24 % 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 $1.85 Billion over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.87 on a per share basis this quarter. Perhaps, that suggests something about why 0.56% 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, Intercontinental Exchange, Inc. recorded a 52-week high of $76.69. It is now trading 1.25% off that level. The stock is trading $72.45 its 50-day moving average by -2.99%. The stock carved out a 52-week low down at $63.22.

In recent action, Intercontinental Exchange, Inc. (ICE) has made a move of +5.19% 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 14.11, 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 0.95% with $568.48 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of ICE.

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