Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting 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
American Axle & Manufacturing Holdings Inc (NYSE: AXL) closed the day trading at $7.03 down -0.85% from the previous closing price of $7.09. In other words, the price has decreased by -$0.85 from its previous closing price. On the day, 1.28 million shares were traded. AXL stock price reached its highest trading level at $7.14 during the session, while it also had its lowest trading level at $6.9011.
Ratios:
For a better understanding of AXL, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.45. For the most recent quarter (mrq), Quick Ratio is recorded 1.31 and its Current Ratio is at 1.69. In the meantime, Its Debt-to-Equity ratio is 4.62 whereas as Long-Term Debt/Eq ratio is at 4.55.
On January 17, 2024, UBS Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $8 to $6.50.
BofA Securities Downgraded its Neutral to Underperform on November 28, 2023, whereas the target price for the stock was revised from $9 to $8.
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 09 ’23 when Kemp Terri M. sold 40,000 shares for $8.00 per share. The transaction valued at 320,000 led to the insider holds 216,961 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, AXL now has a Market Capitalization of 826397632 and an Enterprise Value of 3237997824. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.13 while its Price-to-Book (P/B) ratio in mrq is 1.33. Its current Enterprise Value per Revenue stands at 0.523 whereas that against EBITDA is 4.69.
Stock Price History:
Over the past 52 weeks, AXL has reached a high of $9.55, while it has fallen to a 52-week low of $6.29. The 50-Day Moving Average of the stock is -3.47%, while the 200-Day Moving Average is calculated to be -5.14%.
Shares Statistics:
Over the past 3-months, AXL traded about 1.25M shares per day on average, while over the past 10 days, AXL traded about 1215110 shares per day. A total of 117.10M shares are outstanding, with a floating share count of 110.60M. Insiders hold about 5.91% of the company’s shares, while institutions hold 95.40% stake in the company. Shares short for AXL as of 1721001600 were 2670558 with a Short Ratio of 2.14, compared to 1718323200 on 3438176. Therefore, it implies a Short% of Shares Outstanding of 2670558 and a Short% of Float of 3.2800000000000002.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 5.48.
