Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost 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
In the latest session, Amylyx Pharmaceuticals Inc (NASDAQ: AMLX) closed at $5.68 down -8.97% from its previous closing price of $6.24. In other words, the price has decreased by -$8.97 from its previous closing price. On the day, 1.64 million shares were traded. AMLX stock price reached its highest trading level at $6.45 during the session, while it also had its lowest trading level at $5.64.
Ratios:
For a deeper understanding of Amylyx Pharmaceuticals Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.55 and its Current Ratio is at 4.55. In the meantime, Its Debt-to-Equity ratio is 0.01 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 the company, BofA Securities on October 23, 2024, Upgraded its rating to Buy and sets its target price to $10 from $4.20 previously.
On March 18, 2024, Mizuho Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $32 to $4.
Robert W. Baird Downgraded its Outperform to Neutral on March 11, 2024, whereas the target price for the stock was revised from $37 to $4.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 30 ’24 when Klee Justin B. sold 18,589 shares for $3.20 per share. The transaction valued at 59,429 led to the insider holds 3,120,569 shares of the business.
Cohen Joshua B sold 18,589 shares of AMLX for $59,414 on Sep 30 ’24. The Co-Chief Executive Officer now owns 3,220,569 shares after completing the transaction at $3.20 per share. On Sep 30 ’24, another insider, Bedrosian Camille L, who serves as the Chief Medical Officer of the company, sold 11,442 shares for $3.20 each. As a result, the insider received 36,559 and left with 143,801 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, AMLX now has a Market Capitalization of 389352096 and an Enterprise Value of 157523840. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.98 while its Price-to-Book (P/B) ratio in mrq is 1.98. Its current Enterprise Value per Revenue stands at 0.802 whereas that against EBITDA is -0.635.
Stock Price History:
Over the past 52 weeks, AMLX has reached a high of $19.95, while it has fallen to a 52-week low of $1.58. The 50-Day Moving Average of the stock is 41.58%, while the 200-Day Moving Average is calculated to be 25.99%.
Shares Statistics:
For the past three months, AMLX has traded an average of 1.36M shares per day and 1452970 over the past ten days. A total of 67.71M shares are outstanding, with a floating share count of 41.43M. Insiders hold about 39.56% of the company’s shares, while institutions hold 69.46% stake in the company. Shares short for AMLX as of 1730332800 were 1289340 with a Short Ratio of 0.95, compared to 1727654400 on 1279759. Therefore, it implies a Short% of Shares Outstanding of 1289340 and a Short% of Float of 2.07.
