Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify 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, Concentra Group Holdings Parent Inc’s stock clocked out at $21.26, up 4.88% from its previous closing price of $20.27. In other words, the price has increased by $4.88 from its previous closing price. On the day, 1.59 million shares were traded. CON stock price reached its highest trading level at $22.44 during the session, while it also had its lowest trading level at $20.61.
Ratios:
To gain a deeper understanding of CON’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.52 and its Current Ratio is at 1.52. In the meantime, Its Debt-to-Equity ratio is 7.01 whereas as Long-Term Debt/Eq ratio is at 6.71.
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 October 07, 2024, Downgraded its rating to Neutral and sets its target price to $24 from $30.50 previously.
On August 20, 2024, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $33.
On August 19, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $27.Wells Fargo initiated its Overweight rating on August 19, 2024, with a $27 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CON now has a Market Capitalization of 2707333376 and an Enterprise Value of 4541747712. Its current Enterprise Value per Revenue stands at 2.421 whereas that against EBITDA is 12.388.
Stock Price History:
Over the past 52 weeks, CON has reached a high of $24.81, while it has fallen to a 52-week low of $18.89. The 50-Day Moving Average of the stock is 0.36%, while the 200-Day Moving Average is calculated to be -3.27%.
Shares Statistics:
It appears that CON traded 388.25K shares on average per day over the past three months and 507680 shares per day over the past ten days. A total of 126.59M shares are outstanding, with a floating share count of 21.98M. Insiders hold about 82.74% of the company’s shares, while institutions hold 21.10% stake in the company. Shares short for CON as of 1730332800 were 2089044 with a Short Ratio of 5.38, compared to 1727654400 on 2406674. Therefore, it implies a Short% of Shares Outstanding of 2089044 and a Short% of Float of 8.9899994.
