Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of 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
The closing price of Day One Biopharmaceuticals Inc (NASDAQ: DAWN) was $14.13 for the day, up 3.37% from the previous closing price of $13.67. In other words, the price has increased by $3.37 from its previous closing price. On the day, 1.15 million shares were traded. DAWN stock price reached its highest trading level at $14.55 during the session, while it also had its lowest trading level at $13.63.
Ratios:
Our analysis of DAWN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.09 and its Current Ratio is at 4.09. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on August 01, 2024, Upgraded its rating to Buy and sets its target price to $24 from $11 previously.
On April 24, 2024, Needham reiterated its Buy rating and also lowered its target price recommendation from $30 to $33.
BofA Securities Downgraded its Buy to Underperform on April 25, 2023, whereas the target price for the stock was revised from $34 to $9.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 10 ’24 when Blackman Samuel C. sold 30,000 shares for $14.22 per share. The transaction valued at 426,675 led to the insider holds 1,097,535 shares of the business.
Dubow Adam sold 3,202 shares of DAWN for $44,825 on Aug 16 ’24. The GENERAL COUNSEL now owns 26,928 shares after completing the transaction at $14.00 per share. On Aug 16 ’24, another insider, York Charles N II, who serves as the COO, CFO AND SECRETARY of the company, sold 2,633 shares for $14.00 each. As a result, the insider received 36,860 and left with 232,485 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, DAWN now has a Market Capitalization of 1389151360 and an Enterprise Value of 878379264. For the stock, the TTM Price-to-Sale (P/S) ratio is 151.41 while its Price-to-Book (P/B) ratio in mrq is 4.04. Its current Enterprise Value per Revenue stands at 107.224 whereas that against EBITDA is -3.059.
Stock Price History:
Over the past 52 weeks, DAWN has reached a high of $18.07, while it has fallen to a 52-week low of $9.67. The 50-Day Moving Average of the stock is -1.41%, while the 200-Day Moving Average is calculated to be -2.45%.
Shares Statistics:
DAWN traded an average of 974.94K shares per day over the past three months and 858140 shares per day over the past ten days. A total of 87.23M shares are outstanding, with a floating share count of 59.29M. Insiders hold about 32.45% of the company’s shares, while institutions hold 73.47% stake in the company. Shares short for DAWN as of 1724976000 were 14075501 with a Short Ratio of 14.44, compared to 1722384000 on 12207385. Therefore, it implies a Short% of Shares Outstanding of 14075501 and a Short% of Float of 17.39.
