Checking the Overall Picture for New York Community Bancorp, Inc. (NYCB)

New York Community Bancorp, Inc. (NYCB) is an interesting player in the Financial space, with a focus on Savings & Loans. The stock has been active on the tape, currently trading at $11.56, down from yesterday’s close by -2.61%. 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

New York Community Bancorp, Inc. (NYCB) currently trades with a market capitalization of $5.62 Billion. That value represents a market adjusting for revenues that have been growing by 1.30 % 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 $909.37 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.21 on a per share basis this quarter. Perhaps, that suggests something about why 2.57% 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, New York Community Bancorp, Inc. recorded a 52-week high of $14.53. It is now trading 2.97% off that level. The stock is trading $12.10 its 50-day moving average by 0.54%. The stock carved out a 52-week low down at $11.48.

In recent action, New York Community Bancorp, Inc. (NYCB) has made a move of -3.10% 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 14.57, 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 10.19% with $474.70 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of NYCB.

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