In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
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
Extreme Networks Inc. (NASDAQ: EXTR) closed the day trading at $14.98 up 0.33% from the previous closing price of $14.93. In other words, the price has increased by $0.33 from its previous closing price. On the day, 0.9 million shares were traded. EXTR stock price reached its highest trading level at $15.19 during the session, while it also had its lowest trading level at $14.96.
Ratios:
For a better understanding of EXTR, 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 12.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 52.25. For the most recent quarter (mrq), Quick Ratio is recorded 0.63 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 9.48 whereas as Long-Term Debt/Eq ratio is at 8.69.
On May 02, 2024, Rosenblatt Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $15 to $17.
B. Riley Securities Upgraded its Neutral to Buy on April 15, 2024, while the target price for the stock was maintained at $14.
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 Sep 03 ’24 when MEYERCORD EDWARD sold 35,725 shares for $15.02 per share. The transaction valued at 536,703 led to the insider holds 1,448,378 shares of the business.
EDWARD MEYERCORD bought 107,175 shares of EXTR for $1,688,006 on Sep 03 ’24. On Aug 16 ’24, another insider, MEYERCORD EDWARD, who serves as the PRESIDENT AND CEO of the company, sold 30,000 shares for $14.64 each. As a result, the insider received 439,119 and left with 1,448,378 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, EXTR now has a Market Capitalization of 1952448256 and an Enterprise Value of 2035357696. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.75 while its Price-to-Book (P/B) ratio in mrq is 77.20. Its current Enterprise Value per Revenue stands at 1.822 whereas that against EBITDA is -381.582.
Stock Price History:
Over the past 52 weeks, EXTR has reached a high of $25.51, while it has fallen to a 52-week low of $10.49. The 50-Day Moving Average of the stock is 4.87%, while the 200-Day Moving Average is calculated to be 11.56%.
Shares Statistics:
Over the past 3-months, EXTR traded about 1.55M shares per day on average, while over the past 10 days, EXTR traded about 1376020 shares per day. A total of 130.28M shares are outstanding, with a floating share count of 126.41M. Insiders hold about 3.01% of the company’s shares, while institutions hold 94.77% stake in the company. Shares short for EXTR as of 1724976000 were 7746562 with a Short Ratio of 4.51, compared to 1722384000 on 9273050. Therefore, it implies a Short% of Shares Outstanding of 7746562 and a Short% of Float of 8.0699995.
