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
After finishing at $0.67 in the prior trading day, DarioHealth Corp (NASDAQ: DRIO) closed at $0.72, up 6.85%. In other words, the price has increased by $6.85 from its previous closing price. On the day, 70925.0 shares were traded. DRIO stock price reached its highest trading level at $0.766 during the session, while it also had its lowest trading level at $0.7.
Ratios:
Our goal is to gain a better understanding of DRIO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.32 and its Current Ratio is at 1.57. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.36.
On April 22, 2021, Cowen started tracking the stock assigning a Outperform rating and target price of $31.
On March 23, 2021, Stifel started tracking the stock assigning a Buy rating and target price of $30.Stifel initiated its Buy rating on March 23, 2021, with a $30 target price.
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 Nov 12 ’24 when Nelson Steven Charles bought 5,000 shares for $0.91 per share. The transaction valued at 4,546 led to the insider holds 55,000 shares of the business.
Nelson Steven Charles bought 5,000 shares of DRIO for $4,221 on Sep 10 ’24. The Chief Commercial Officer now owns 45,000 shares after completing the transaction at $0.84 per share. On Sep 11 ’24, another insider, Nelson Steven Charles, who serves as the Chief Commercial Officer of the company, bought 5,000 shares for $0.80 each. As a result, the insider paid 4,022 and bolstered with 50,000 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, DRIO now has a Market Capitalization of 24556228 and an Enterprise Value of 39495196. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.07 while its Price-to-Book (P/B) ratio in mrq is 0.39. Its current Enterprise Value per Revenue stands at 1.713 whereas that against EBITDA is -0.738.
Stock Price History:
Over the past 52 weeks, DRIO has reached a high of $2.60, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is -23.48%, while the 200-Day Moving Average is calculated to be -42.14%.
Shares Statistics:
The stock has traded on average 94.53K shares per day over the past 3-months and 140800 shares per day over the last 10 days, according to various share statistics. A total of 34.10M shares are outstanding, with a floating share count of 27.52M. Insiders hold about 19.30% of the company’s shares, while institutions hold 23.53% stake in the company. Shares short for DRIO as of 1731628800 were 1924894 with a Short Ratio of 20.36, compared to 1728950400 on 1764706. Therefore, it implies a Short% of Shares Outstanding of 1924894 and a Short% of Float of 6.2700000000000005.