For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost 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, Amplitude Inc’s stock clocked out at $8.63, down -3.25% from its previous closing price of $8.92. In other words, the price has decreased by -$3.25 from its previous closing price. On the day, 2.33 million shares were traded. AMPL stock price reached its highest trading level at $9.14 during the session, while it also had its lowest trading level at $8.51.
Ratios:
To gain a deeper understanding of AMPL’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 3.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.84. For the most recent quarter (mrq), Quick Ratio is recorded 2.58 and its Current Ratio is at 2.58. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
On February 21, 2024, Scotiabank Downgraded its rating to Sector Perform which previously was Sector Outperform but kept the price unchanged to $12.
Morgan Stanley Downgraded its Equal-Weight to Underweight on February 01, 2024, while the target price for the stock was maintained at $12.
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 May 17 ’24 when Wong Catherine sold 3,515 shares for $9.16 per share. The transaction valued at 32,199 led to the insider holds 82,820 shares of the business.
Wong Catherine sold 3,515 shares of AMPL for $42,062 on Feb 23 ’24. The Director now owns 86,335 shares after completing the transaction at $11.97 per share. On Jan 02 ’24, another insider, Battery Ventures Select Fund I, who serves as the 10% Owner of the company, sold 33,333 shares for $12.56 each. As a result, the insider received 418,662 and left with 327,766 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMPL now has a Market Capitalization of 1051487872 and an Enterprise Value of 742402176. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.72 while its Price-to-Book (P/B) ratio in mrq is 3.63. Its current Enterprise Value per Revenue stands at 2.629 whereas that against EBITDA is -8.579.
Stock Price History:
Over the past 52 weeks, AMPL has reached a high of $14.42, while it has fallen to a 52-week low of $8.76. The 50-Day Moving Average of the stock is -13.06%, while the 200-Day Moving Average is calculated to be -23.48%.
Shares Statistics:
It appears that AMPL traded 483.48K shares on average per day over the past three months and 1284250 shares per day over the past ten days. A total of 85.63M shares are outstanding, with a floating share count of 68.43M. Insiders hold about 43.84% of the company’s shares, while institutions hold 38.69% stake in the company. Shares short for AMPL as of 1715731200 were 1714426 with a Short Ratio of 3.55, compared to 1713139200 on 1709882. Therefore, it implies a Short% of Shares Outstanding of 1714426 and a Short% of Float of 2.26.
