In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate 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, Conduent Inc’s stock clocked out at $4.05, down -5.15% from its previous closing price of $4.27. In other words, the price has decreased by -$5.15 from its previous closing price. On the day, 1.15 million shares were traded. CNDT stock price reached its highest trading level at $4.28 during the session, while it also had its lowest trading level at $4.01.
Ratios:
To gain a deeper understanding of CNDT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.75 and its Current Ratio is at 1.75. In the meantime, Its Debt-to-Equity ratio is 0.92 whereas as Long-Term Debt/Eq ratio is at 0.84.
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 this company, Noble Capital Markets on March 14, 2024, initiated with a Outperform rating and assigned the stock a target price of $9.
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 Jun 08 ’24 when ICAHN CARL C sold 38,149,336 shares for $3.47 per share. The transaction valued at 132,378,196 led to the insider holds 0 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CNDT now has a Market Capitalization of 647554560 and an Enterprise Value of 1337552896. As of this moment, Conduent’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.18 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at 0.381 whereas that against EBITDA is 13.113.
Stock Price History:
Over the past 52 weeks, CNDT has reached a high of $4.38, while it has fallen to a 52-week low of $2.57. The 50-Day Moving Average of the stock is 4.44%, while the 200-Day Moving Average is calculated to be 13.37%.
Shares Statistics:
It appears that CNDT traded 1.07M shares on average per day over the past three months and 1418570 shares per day over the past ten days. A total of 211.51M shares are outstanding, with a floating share count of 143.14M. Insiders hold about 10.48% of the company’s shares, while institutions hold 68.42% stake in the company. Shares short for CNDT as of 1730332800 were 2329482 with a Short Ratio of 2.19, compared to 1727654400 on 1985349. Therefore, it implies a Short% of Shares Outstanding of 2329482 and a Short% of Float of 1.9800000000000002.
