Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase 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 price of Applied Dna Sciences Inc (NASDAQ: APDN) closed at $0.15 in the last session, down -1.74% from day before closing price of $0.15. In other words, the price has decreased by -$1.74 from its previous closing price. On the day, 2.02 million shares were traded. APDN stock price reached its highest trading level at $0.155 during the session, while it also had its lowest trading level at $0.1477.
Ratios:
We take a closer look at APDN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.76 and its Current Ratio is at 3.91. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.03.
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, ROTH Capital on February 12, 2021, initiated with a Buy rating and assigned the stock a target price of $24.
On January 14, 2021, H.C. Wainwright reiterated its Buy rating and also upped its target price recommendation from $18 to $14.
H.C. Wainwright reiterated its Buy rating for the stock on December 18, 2020, while the target price for the stock was revised from $20 to $12.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, APDN now has a Market Capitalization of 7883899 and an Enterprise Value of -8164015. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.24 while its Price-to-Book (P/B) ratio in mrq is 0.13. Its current Enterprise Value per Revenue stands at -2.403 whereas that against EBITDA is 0.584.
Stock Price History:
Over the past 52 weeks, APDN has reached a high of $22.80, while it has fallen to a 52-week low of $0.15. The 50-Day Moving Average of the stock is -57.22%, while the 200-Day Moving Average is calculated to be -94.99%.
Shares Statistics:
According to the various share statistics, APDN traded on average about 3.92M shares per day over the past 3-months and 2503800 shares per day over the past 10 days. A total of 50.90M shares are outstanding, with a floating share count of 50.83M. Insiders hold about 0.14% of the company’s shares, while institutions hold 2.12% stake in the company. Shares short for APDN as of 1731628800 were 476993 with a Short Ratio of 0.12, compared to 1728950400 on 853157. Therefore, it implies a Short% of Shares Outstanding of 476993 and a Short% of Float of 0.9400000000000001.
