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 Syndax Pharmaceuticals Inc (NASDAQ: SNDX) was $21.52 for the day, up 0.80% from the previous closing price of $21.35. In other words, the price has increased by $0.80 from its previous closing price. On the day, 1.11 million shares were traded. SNDX stock price reached its highest trading level at $21.93 during the session, while it also had its lowest trading level at $21.19.
Ratios:
Our analysis of SNDX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 6.99 and its Current Ratio is at 6.99. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 this company, UBS on October 24, 2024, initiated with a Buy rating and assigned the stock a target price of $37.
On June 28, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $37.
Scotiabank Downgraded its Sector Outperform to Sector Perform on January 31, 2024, whereas the target price for the stock was revised from $36 to $23.
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 Jun 14 ’24 when Goldan Keith A. bought 1,250 shares for $20.03 per share. The transaction valued at 25,037 led to the insider holds 52,623 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SNDX now has a Market Capitalization of 1836897664 and an Enterprise Value of 1431356160. For the stock, the TTM Price-to-Sale (P/S) ratio is 114.81 while its Price-to-Book (P/B) ratio in mrq is 5.03. Its current Enterprise Value per Revenue stands at 89.46 whereas that against EBITDA is -4.456.
Stock Price History:
Over the past 52 weeks, SNDX has reached a high of $25.34, while it has fallen to a 52-week low of $13.14. The 50-Day Moving Average of the stock is 12.78%, while the 200-Day Moving Average is calculated to be 2.60%.
Shares Statistics:
SNDX traded an average of 940.27K shares per day over the past three months and 1124080 shares per day over the past ten days. A total of 84.83M shares are outstanding, with a floating share count of 79.45M. Insiders hold about 6.64% of the company’s shares, while institutions hold 97.27% stake in the company. Shares short for SNDX as of 1728950400 were 10510079 with a Short Ratio of 11.18, compared to 1726185600 on 9670762. Therefore, it implies a Short% of Shares Outstanding of 10510079 and a Short% of Float of 12.45.
