Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost 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
After finishing at $2.79 in the prior trading day, Cassava Sciences Inc (NASDAQ: SAVA) closed at $2.75, down -1.43%. In other words, the price has decreased by -$1.43 from its previous closing price. On the day, 2.27 million shares were traded. SAVA stock price reached its highest trading level at $2.84 during the session, while it also had its lowest trading level at $2.69.
Ratios:
Our goal is to gain a better understanding of SAVA by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.55 and its Current Ratio is at 3.55. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On October 08, 2024, H.C. Wainwright Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $116.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 29 ’24 when Kupiec James William sold 4,000 shares for $3.87 per share. The transaction valued at 15,480 led to the insider holds 0 shares of the business.
Schoen Eric sold 59,800 shares of SAVA for $230,828 on Nov 29 ’24. The Chief Financial Officer now owns 11,500 shares after completing the transaction at $3.86 per share. On Nov 29 ’24, another insider, Schoen Eric, who serves as the Chief Financial Officer of the company, sold 2,000 shares for $3.82 each. As a result, the insider received 7,640 and left with 0 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, SAVA now has a Market Capitalization of 132303872 and an Enterprise Value of -16674194.
Stock Price History:
Over the past 52 weeks, SAVA has reached a high of $42.20, while it has fallen to a 52-week low of $2.71. The 50-Day Moving Average of the stock is -86.46%, while the 200-Day Moving Average is calculated to be -87.24%.
Shares Statistics:
The stock has traded on average 5.05M shares per day over the past 3-months and 6248980 shares per day over the last 10 days, according to various share statistics. A total of 47.98M shares are outstanding, with a floating share count of 41.80M. Insiders hold about 13.11% of the company’s shares, while institutions hold 29.68% stake in the company. Shares short for SAVA as of 1732838400 were 17161905 with a Short Ratio of 3.40, compared to 1730332800 on 18571405. Therefore, it implies a Short% of Shares Outstanding of 17161905 and a Short% of Float of 38.06.
