Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As of close of business last night, ACV Auctions Inc’s stock clocked out at $21.37, down -0.42% from its previous closing price of $21.46. In other words, the price has decreased by -$0.42 from its previous closing price. On the day, 0.98 million shares were traded. ACVA stock price reached its highest trading level at $21.54 during the session, while it also had its lowest trading level at $21.05.
Ratios:
To gain a deeper understanding of ACVA’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 95.61. For the most recent quarter (mrq), Quick Ratio is recorded 1.51 and its Current Ratio is at 1.51. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.33.
On June 10, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral but kept the price unchanged to $21.
Northcoast Upgraded its Neutral to Buy on January 10, 2024, while the target price for the stock was maintained at $22.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 18 ’24 when 15 Angels III LLC bought 27,071 shares for $20.72 per share.
Bessemer Venture Partners IX I bought 1,308,933 shares of ACVA for $27,121,092 on Nov 18 ’24. On Nov 18 ’24, another insider, Bessemer Venture Partners IX L, who serves as the Director of the company, bought 1,633,816 shares for $20.72 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ACVA now has a Market Capitalization of 3597554176 and an Enterprise Value of 3451072000. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.01 while its Price-to-Book (P/B) ratio in mrq is 7.82. Its current Enterprise Value per Revenue stands at 5.79 whereas that against EBITDA is -61.467.
Stock Price History:
Over the past 52 weeks, ACVA has reached a high of $22.23, while it has fallen to a 52-week low of $12.84. The 50-Day Moving Average of the stock is 10.03%, while the 200-Day Moving Average is calculated to be 17.80%.
Shares Statistics:
It appears that ACVA traded 1.44M shares on average per day over the past three months and 2562180 shares per day over the past ten days. A total of 167.64M shares are outstanding, with a floating share count of 153.11M. Insiders hold about 8.67% of the company’s shares, while institutions hold 92.89% stake in the company. Shares short for ACVA as of 1730332800 were 8514006 with a Short Ratio of 5.92, compared to 1727654400 on 7520458. Therefore, it implies a Short% of Shares Outstanding of 8514006 and a Short% of Float of 5.41.