For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall 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 $0.79 in the prior trading day, Hoth Therapeutics Inc (NASDAQ: HOTH) closed at $0.82, up 3.41%. In other words, the price has increased by $3.41 from its previous closing price. On the day, 10.08 million shares were traded. HOTH stock price reached its highest trading level at $0.8285 during the session, while it also had its lowest trading level at $0.7826.
Ratios:
Our goal is to gain a better understanding of HOTH by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.16 and its Current Ratio is at 10.16. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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, The Benchmark Company on October 15, 2019, initiated with a Speculative Buy rating and assigned the stock a target price of $10.
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 16 ’24 when Knie Robb bought 25,000 shares for $0.67 per share. The transaction valued at 16,750 led to the insider holds 58,131 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, HOTH now has a Market Capitalization of 5647308 and an Enterprise Value of -2528047.
Stock Price History:
Over the past 52 weeks, HOTH has reached a high of $1.73, while it has fallen to a 52-week low of $0.58. The 50-Day Moving Average of the stock is -8.33%, while the 200-Day Moving Average is calculated to be -20.90%.
Shares Statistics:
The stock has traded on average 3.50M shares per day over the past 3-months and 111020 shares per day over the last 10 days, according to various share statistics. A total of 6.90M shares are outstanding, with a floating share count of 6.84M. Insiders hold about 0.93% of the company’s shares, while institutions hold 4.84% stake in the company. Shares short for HOTH as of 1730332800 were 620780 with a Short Ratio of 0.18, compared to 1727654400 on 313341. Therefore, it implies a Short% of Shares Outstanding of 620780 and a Short% of Float of 9.04.
