Checking the Overall Picture for Juniper Networks, Inc. (JNPR)

Juniper Networks, Inc. (JNPR) is an interesting player in the Technology space, with a focus on Communication Equipment. The stock has been active on the tape, currently trading at $27.92, up from yesterday’s close by 0.18%. 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

Juniper Networks, Inc. (JNPR) currently trades with a market capitalization of $9.92 Billion. That value represents a market adjusting for revenues that have been falling by -11.33 % 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 $824.6 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.44 on a per share basis this quarter. Perhaps, that suggests something about why 0.77% 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, Juniper Networks, Inc. recorded a 52-week high of $30.29. It is now trading 2.37% off that level. The stock is trading $25.90 its 50-day moving average by -2.02%. The stock carved out a 52-week low down at $23.61.

In recent action, Juniper Networks, Inc. (JNPR) has made a move of +4.06% 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 14.57, 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 5.00% with $344.38 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of JNPR.

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