Drilling Down Into Box, Inc. (BOX)

Box, Inc. (BOX) is an interesting player in the Technology space, with a focus on Application Software. The stock has been active on the tape, currently trading at $26.25, up from yesterday’s close by 1.27%. 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

Box, Inc. (BOX) currently trades with a market capitalization of $3.80 Billion. That value represents a market adjusting for revenues that have been growing by 19.86 % 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 $56.64 Million over the past twelve months. Generally speaking, earnings are expected to hold steady in coming quarters. Analysts are forecasting earnings of -$0.06 on a per share basis this quarter. Perhaps, that suggests something about why 0.59% of the outstanding share supply is held by institutional investors.

Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, Box, Inc. recorded a 52-week high of $28.68. It is now trading 2.43% off that level. The stock is trading $24.41 its 50-day moving average by -1.84%. The stock carved out a 52-week low down at $17.25.

In recent action, Box, Inc. (BOX) has made a move of -3.28% 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 14.11, 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 7.75% with $115.12 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of BOX.

Previous articleThe Bank of New York Mellon Corporation (BK): From Top to Bottom
Next articleThe Case for and Against ADT Inc. (ADT)