Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting 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 price of Penguin Solutions Inc (NASDAQ: PENG) closed at $18.36 in the last session, down -3.16% from day before closing price of $18.96. In other words, the price has decreased by -$3.16 from its previous closing price. On the day, 1.2 million shares were traded. PENG stock price reached its highest trading level at $19.07 during the session, while it also had its lowest trading level at $17.895.
Ratios:
We take a closer look at PENG’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.19. For the most recent quarter (mrq), Quick Ratio is recorded 2.19 and its Current Ratio is at 2.65. In the meantime, Its Debt-to-Equity ratio is 1.85 whereas as Long-Term Debt/Eq ratio is at 1.83.
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, JMP Securities on November 18, 2024, initiated with a Mkt Outperform rating and assigned the stock a target price of $23.
On November 01, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $21.
Needham reiterated its Buy rating for the stock on October 16, 2024, while the target price for the stock was revised from $35 to $25.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 09 ’24 when Pacheco Jack A sold 13,334 shares for $20.05 per share. The transaction valued at 267,367 led to the insider holds 235,960 shares of the business.
JACK A PACHECO bought 33,334 shares of PENG for $662,347 on Dec 09 ’24. On Nov 14 ’24, another insider, Clark Joseph Gates, who serves as the President, Optimized LED of the company, sold 2,264 shares for $17.50 each. As a result, the insider received 39,620 and left with 95,999 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, PENG now has a Market Capitalization of 978402624 and an Enterprise Value of 1314633984. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84 while its Price-to-Book (P/B) ratio in mrq is 2.50. Its current Enterprise Value per Revenue stands at 1.123 whereas that against EBITDA is 12.891.
Stock Price History:
Over the past 52 weeks, PENG has reached a high of $29.81, while it has fallen to a 52-week low of $14.87. The 50-Day Moving Average of the stock is 3.23%, while the 200-Day Moving Average is calculated to be -10.72%.
Shares Statistics:
According to the various share statistics, PENG traded on average about 980.96K shares per day over the past 3-months and 909690 shares per day over the past 10 days. A total of 53.28M shares are outstanding, with a floating share count of 51.36M. Insiders hold about 3.62% of the company’s shares, while institutions hold 106.57% stake in the company. Shares short for PENG as of 1732838400 were 7899542 with a Short Ratio of 8.05, compared to 1730332800 on 7621990. Therefore, it implies a Short% of Shares Outstanding of 7899542 and a Short% of Float of 21.52.
