Puma Biotechnology, Inc. (PBYI) is an interesting player in the Healthcare space, with a focus on Biotechnology. The stock has been active on the tape, currently trading at $92.05, down from yesterdays close by -2.23%. Given the stocks recent action, it seemed like a good time to take a closer look at the companys recent data.

Fundamental Analysis

Money managers are always interested in a company that can find the right recipe of fundamental data because it reflects something important going on underneath the surface. Puma Biotechnology, Inc. (PBYI) currently trades with a market capitalization of $3.36 Billion.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For PBYI, the company currently has $80.82 Million of cash on the books. You can get a sense of how sustainable that is by a levered free cash flow of $-158.57 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $-2.36 on a per share basis this quarter. Perhaps, that suggests something about why 94.40% 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 stocks movement on the chart, Puma Biotechnology, Inc. recorded a 52-week high of $98.85. It is now trading 6.8% off that level. The stock is trading $87.01 its 50-day moving average by -5.04%. The stock carved out a 52-week low down at $28.35.

In recent action, Puma Biotechnology, Inc. (PBYI) has made a move of +3.20% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is outperforming the S&P 500 by 47.04, and its 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 19.78% with $32.23 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of PBYI.

See the article here:
Puma Biotechnology, Inc. (PBYI): From Top to Bottom - StockNewsJournal