Taking a Fresh Look at Uni-Pixel, Inc. (UNXL)

Uni-Pixel, Inc. (UNXL) is an interesting player in the Technology space, with a focus on Diversified Electronics. The stock has been active on the tape, currently trading at $0.39, down from yesterday’s close by -11.36%. 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

This company has been competing with others in the Technology space and offers its own combination of interesting factors Uni-Pixel, Inc. (UNXL) currently trades with a market capitalization of $26.41 Million. That value represents a market adjusting for revenues that have been growing by 55.73 % on a quarterly year/year basis as of the company’s last quarterly report.

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 UNXL, the company currently has $1.56 Million of cash on the books. You can get a sense of how sustainable that is by a levered free cash flow of $-19.08 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $-0.12 on a per share basis this quarter. Perhaps, that suggests something about why 5.22% 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, Uni-Pixel, Inc. recorded a 52-week high of $2.10. It is now trading 1.71% off that level. The stock is trading $0.74 its 50-day moving average by 0.35%. The stock carved out a 52-week low down at $0.37.

In recent action, Uni-Pixel, Inc. (UNXL) has made a move of -52.44% 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 95.82, 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 10.79% with $54.93 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of UNXL.