Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting 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
In other words, the price has increased by $0.00 from its previous closing price. On the day, 1.84 million shares were traded. CHGG stock price reached its highest trading level at $1.74 during the session, while it also had its lowest trading level at $1.68.
Ratios:
To gain a deeper understanding of CHGG’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 0.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.15. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 0.89. In the meantime, Its Debt-to-Equity ratio is 1.69 whereas as Long-Term Debt/Eq ratio is at 0.71.
On July 16, 2024, Morgan Stanley Upgraded its rating to Equal-Weight which previously was Underweight and also lowered its target price recommendation from $6.50 to $3.25.
Jefferies Downgraded its Hold to Underperform on April 30, 2024, whereas the target price for the stock was revised from $7 to $4.
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 Dec 13 ’23 when Schultz Nathan J. sold 1,350 shares for $10.41 per share. The transaction valued at 14,054 led to the insider holds 421,025 shares of the business.
Schultz Nathan J. sold 630 shares of CHGG for $6,382 on Dec 04 ’23. The CHIEF OPERATING OFFICER now owns 426,802 shares after completing the transaction at $10.13 per share. On Nov 27 ’23, another insider, BROWN ANDREW J, who serves as the CHIEF FINANCIAL OFFICER of the company, sold 16,921 shares for $10.02 each. As a result, the insider received 169,548 and left with 91,922 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, CHGG now has a Market Capitalization of 178312400 and an Enterprise Value of 449360192. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 0.49. Its current Enterprise Value per Revenue stands at 0.658 whereas that against EBITDA is 5.337.
Stock Price History:
Over the past 52 weeks, CHGG has reached a high of $11.48, while it has fallen to a 52-week low of $1.48. The 50-Day Moving Average of the stock is -0.46%, while the 200-Day Moving Average is calculated to be -61.62%.
Shares Statistics:
It appears that CHGG traded 3.71M shares on average per day over the past three months and 3426880 shares per day over the past ten days. A total of 102.82M shares are outstanding, with a floating share count of 98.01M. Insiders hold about 4.98% of the company’s shares, while institutions hold 91.07% stake in the company. Shares short for CHGG as of 1728950400 were 11868455 with a Short Ratio of 3.20, compared to 1726185600 on 13076516. Therefore, it implies a Short% of Shares Outstanding of 11868455 and a Short% of Float of 15.2.
