In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing 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
As of close of business last night, Corsair Gaming Inc’s stock clocked out at $6.85, down -3.79% from its previous closing price of $7.12. In other words, the price has decreased by -$3.79 from its previous closing price. On the day, 1.26 million shares were traded. CRSR stock price reached its highest trading level at $7.175 during the session, while it also had its lowest trading level at $6.0.
Ratios:
To gain a deeper understanding of CRSR’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.33. For the most recent quarter (mrq), Quick Ratio is recorded 0.77 and its Current Ratio is at 1.58. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.36.
On July 31, 2023, Wedbush Upgraded its rating to Outperform which previously was Neutral and also upped its target price recommendation from $17.50 to $21.
On April 17, 2023, Goldman started tracking the stock assigning a Neutral rating and target price of $20.Goldman initiated its Neutral rating on April 17, 2023, with a $20 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jul 05 ’24 when Potter Michael G sold 1,947 shares for $10.33 per share. The transaction valued at 20,113 led to the insider holds 70,412 shares of the business.
La Thi L sold 3,837 shares of CRSR for $53,718 on Jan 08 ’24. The President & COO now owns 212,994 shares after completing the transaction at $14.00 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CRSR now has a Market Capitalization of 713400064 and an Enterprise Value of 849889536. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 1.18. Its current Enterprise Value per Revenue stands at 0.644 whereas that against EBITDA is 121.413.
Stock Price History:
Over the past 52 weeks, CRSR has reached a high of $15.07, while it has fallen to a 52-week low of $5.59. The 50-Day Moving Average of the stock is 3.75%, while the 200-Day Moving Average is calculated to be -30.00%.
Shares Statistics:
It appears that CRSR traded 492.56K shares on average per day over the past three months and 388230 shares per day over the past ten days. A total of 103.25M shares are outstanding, with a floating share count of 44.32M. Insiders hold about 57.45% of the company’s shares, while institutions hold 29.25% stake in the company. Shares short for CRSR as of 1728950400 were 3492806 with a Short Ratio of 7.09, compared to 1726185600 on 3298083. Therefore, it implies a Short% of Shares Outstanding of 3492806 and a Short% of Float of 7.84.
