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
After finishing at $1.69 in the prior trading day, Seer Inc (NASDAQ: SEER) closed at $1.66, down -1.78%. In other words, the price has decreased by -$1.78 from its previous closing price. On the day, 0.62 million shares were traded. SEER stock price reached its highest trading level at $1.725 during the session, while it also had its lowest trading level at $1.65.
Ratios:
Our goal is to gain a better understanding of SEER by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 17.15 and its Current Ratio is at 17.59. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.07.
On January 04, 2023, BofA Securities Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $9 to $6.50.
JP Morgan Downgraded its Overweight to Neutral on August 11, 2022, whereas the target price for the stock was revised from $20 to $12.
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 Jun 14 ’24 when Nishar Dipchand sold 12,109 shares for $1.78 per share. The transaction valued at 21,512 led to the insider holds 79,457 shares of the business.
Farokhzad Omid sold 52,857 shares of SEER for $107,421 on Mar 07 ’24. The CEO AND CHAIR now owns 1,436,285 shares after completing the transaction at $2.03 per share. On Feb 22 ’24, another insider, Kogan Elona, who serves as the CHIEF LEGAL OFFICER of the company, sold 12,684 shares for $1.58 each. As a result, the insider received 20,024 and left with 273,142 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, SEER now has a Market Capitalization of 103815232 and an Enterprise Value of -154384624. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.04 while its Price-to-Book (P/B) ratio in mrq is 0.29. Its current Enterprise Value per Revenue stands at -10.475 whereas that against EBITDA is 1.636.
Stock Price History:
Over the past 52 weeks, SEER has reached a high of $2.74, while it has fallen to a 52-week low of $1.46. The 50-Day Moving Average of the stock is -6.76%, while the 200-Day Moving Average is calculated to be -7.75%.
Shares Statistics:
The stock has traded on average 557.61K shares per day over the past 3-months and 256060 shares per day over the last 10 days, according to various share statistics. A total of 60.25M shares are outstanding, with a floating share count of 44.51M. Insiders hold about 27.54% of the company’s shares, while institutions hold 47.23% stake in the company. Shares short for SEER as of 1722384000 were 771659 with a Short Ratio of 1.38, compared to 1719532800 on 2532732. Therefore, it implies a Short% of Shares Outstanding of 771659 and a Short% of Float of 1.35.
