Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of 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
Ares Capital Corp (NASDAQ: ARCC) closed the day trading at $21.03 down -0.76% from the previous closing price of $21.19. In other words, the price has decreased by -$0.76 from its previous closing price. On the day, 3.04 million shares were traded. ARCC stock price reached its highest trading level at $21.23 during the session, while it also had its lowest trading level at $21.01.
Ratios:
For a better understanding of ARCC, let’s look at its different ratios.
On June 16, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $20.50.
Wells Fargo Downgraded its Overweight to Equal Weight on April 18, 2023, whereas the target price for the stock was revised from $20 to $18.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARCC now has a Market Capitalization of 12923314176 and an Enterprise Value of 24145510400. As of this moment, Ares’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.18, and their Forward P/E ratio for the next fiscal year is 9.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.79 while its Price-to-Book (P/B) ratio in mrq is 1.08. Its current Enterprise Value per Revenue stands at 8.953.
Stock Price History:
The Beta on a monthly basis for ARCC is 1.05, which has changed by 0.08002043 over the last 52 weeks, in comparison to a change of 0.23279357 over the same period for the S&P500. Over the past 52 weeks, ARCC has reached a high of $21.84, while it has fallen to a 52-week low of $18.55. The 50-Day Moving Average of the stock is -0.23%, while the 200-Day Moving Average is calculated to be 3.91%.
Shares Statistics:
Over the past 3-months, ARCC traded about 3.25M shares per day on average, while over the past 10 days, ARCC traded about 2697400 shares per day. A total of 614.52M shares are outstanding, with a floating share count of 609.92M. Insiders hold about 0.58% of the company’s shares, while institutions hold 29.12% stake in the company. Shares short for ARCC as of 1719532800 were 17322162 with a Short Ratio of 5.32, compared to 1717113600 on 18121359. Therefore, it implies a Short% of Shares Outstanding of 17322162 and a Short% of Float of 2.8299998.
Dividends & Splits
ARCC’s forward annual dividend rate is 1.92, up from 1.92 a year ago. Against a Trailing Annual Dividend Yield of 0.090608776The stock’s 5-year Average Dividend Yield is 9.24.
