Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting 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
The closing price of Marketwise Inc (NASDAQ: MKTW) was $0.50 for the day, down -3.26% from the previous closing price of $0.52. In other words, the price has decreased by -$3.26 from its previous closing price. On the day, 0.78 million shares were traded. MKTW stock price reached its highest trading level at $0.5371 during the session, while it also had its lowest trading level at $0.491.
Ratios:
Our analysis of MKTW’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.38 and its Current Ratio is at 0.38.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on December 01, 2023, Downgraded its rating to Neutral and sets its target price to $3.50 from $3 previously.
Wedbush Downgraded its Outperform to Neutral on March 11, 2022, whereas the target price for the stock was revised from $11 to $6.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 17 ’24 when Tongue Glenn H bought 10,764 shares for $0.70 per share. The transaction valued at 7,519 led to the insider holds 24,038 shares of the business.
Tongue Glenn H bought 5,000 shares of MKTW for $3,500 on Sep 18 ’24. The Director now owns 255,812 shares after completing the transaction at $0.70 per share. On May 17 ’24, another insider, Greenhaven Road Investment Man, who serves as the 10% Owner of the company, sold 103,304 shares for $1.58 each. As a result, the insider received 163,313 and left with 1,893,408 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, MKTW now has a Market Capitalization of 22185098 and an Enterprise Value of -294824928. As of this moment, Marketwise’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.87, and their Forward P/E ratio for the next fiscal year is 2.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37. Its current Enterprise Value per Revenue stands at -0.696 whereas that against EBITDA is -4.092.
Stock Price History:
Over the past 52 weeks, MKTW has reached a high of $3.62, while it has fallen to a 52-week low of $0.47. The 50-Day Moving Average of the stock is -20.23%, while the 200-Day Moving Average is calculated to be -59.46%.
Shares Statistics:
MKTW traded an average of 530.80K shares per day over the past three months and 819700 shares per day over the past ten days. A total of 36.38M shares are outstanding, with a floating share count of 27.52M. Insiders hold about 38.07% of the company’s shares, while institutions hold 31.12% stake in the company. Shares short for MKTW as of 1730332800 were 1068456 with a Short Ratio of 2.01, compared to 1727654400 on 374179. Therefore, it implies a Short% of Shares Outstanding of 1068456 and a Short% of Float of 3.54.
Dividends & Splits
With its trailing 12-month dividend rate of 0.04, MKTW has a forward annual dividend rate of 0.04. Against a Trailing Annual Dividend Yield of 0.07750436
