How Does CA, Inc. (CA) Stack Up Right Now?

CA, Inc. (CA) is an interesting player in the Technology space, with a focus on Business Software & Services. The stock has been active on the tape, currently trading at $36.86, up 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

CA, Inc. (CA) currently trades with a market capitalization of $15.44 Billion. That value represents a market adjusting for revenues that have been growing by 7.02 % 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 $1.15 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.68 on a per share basis this quarter. Perhaps, that suggests something about why 1.36% of the outstanding share supply is held by institutional investors.

Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, CA, Inc. recorded a 52-week high of $37.25. It is now trading 0.39% off that level. The stock is trading $35.00 its 50-day moving average by -1.86%. The stock carved out a 52-week low down at $30.45.

In recent action, CA, Inc. (CA) has made a move of +5.04% 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 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 3.82% with $312.15 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of CA.

Previous articleChecking the Overall Picture for Intercontinental Exchange, Inc. (ICE)
Next articleTaking a Fresh Look at Wynn Resorts, Limited (WYNN)