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 $5.83 in the prior trading day, Childrens Place Inc (NASDAQ: PLCE) closed at $5.70, down -2.23%. In other words, the price has decreased by -$2.23 from its previous closing price. On the day, 0.23 million shares were traded. PLCE stock price reached its highest trading level at $5.95 during the session, while it also had its lowest trading level at $5.58.
Ratios:
Our goal is to gain a better understanding of PLCE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.15 and its Current Ratio is at 0.89.
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, Telsey Advisory Group on May 07, 2024, Reiterated its Market Perform rating but revised its target price to $9 from $13 previously.
On April 24, 2024, B. Riley Securities Upgraded its rating to Neutral which previously was Sell and also lowered its target price recommendation from $12 to $7.
B. Riley Securities Downgraded its Neutral to Sell on February 13, 2024, whereas the target price for the stock was revised from $19 to $4.
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 Aug 15 ’24 when Markee Maegan bought 8,000 shares for $6.59 per share.
Markee Maegan bought 10,000 shares of PLCE for $72,396 on Aug 08 ’24. On Feb 13 ’24, another insider, Mithaq Capital SPC, who serves as the 10% Owner of the company, bought 966,344 shares for $11.15 each. As a result, the insider paid 10,779,027 and bolstered with 6,751,387 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, PLCE now has a Market Capitalization of 72436736 and an Enterprise Value of 641242624. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05. Its current Enterprise Value per Revenue stands at 0.414 whereas that against EBITDA is 53.638.
Stock Price History:
Over the past 52 weeks, PLCE has reached a high of $38.03, while it has fallen to a 52-week low of $5.54. The 50-Day Moving Average of the stock is -23.81%, while the 200-Day Moving Average is calculated to be -59.52%.
Shares Statistics:
The stock has traded on average 623.13K shares per day over the past 3-months and 315950 shares per day over the last 10 days, according to various share statistics. A total of 12.53M shares are outstanding, with a floating share count of 5.05M. Insiders hold about 60.27% of the company’s shares, while institutions hold 25.78% stake in the company. Shares short for PLCE as of 1723680000 were 2399014 with a Short Ratio of 3.85, compared to 1721001600 on 2238868. Therefore, it implies a Short% of Shares Outstanding of 2399014 and a Short% of Float of 45.800000000000004.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.11.
