Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in 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
Lilium N.V (NASDAQ: LILM) closed the day trading at $0.72 down -1.49% from the previous closing price of $0.73. In other words, the price has decreased by -$1.49 from its previous closing price. On the day, 1.7 million shares were traded. LILM stock price reached its highest trading level at $0.7403 during the session, while it also had its lowest trading level at $0.7026.
Ratios:
For a better understanding of LILM, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 0.84. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.22.
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, Cantor Fitzgerald on July 19, 2024, initiated with a Overweight rating and assigned the stock a target price of $2.
On August 01, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $3.
Canaccord Genuity Upgraded its Hold to Buy on July 17, 2023, whereas the target price for the stock was revised from $1.20 to $3.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LILM now has a Market Capitalization of 454101888 and an Enterprise Value of 195140048.
Stock Price History:
Over the past 52 weeks, LILM has reached a high of $1.41, while it has fallen to a 52-week low of $0.60. The 50-Day Moving Average of the stock is -10.73%, while the 200-Day Moving Average is calculated to be -22.29%.
Shares Statistics:
Over the past 3-months, LILM traded about 3.77M shares per day on average, while over the past 10 days, LILM traded about 3208900 shares per day. A total of 503.47M shares are outstanding, with a floating share count of 384.18M. Insiders hold about 38.25% of the company’s shares, while institutions hold 4.45% stake in the company. Shares short for LILM as of 1724976000 were 26247353 with a Short Ratio of 6.97, compared to 1722384000 on 24637030. Therefore, it implies a Short% of Shares Outstanding of 26247353 and a Short% of Float of 6.83.
