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 Upwork Inc (NASDAQ: UPWK) closed at $10.44 in the last session, down -0.10% from day before closing price of $10.45. In other words, the price has decreased by -$0.10 from its previous closing price. On the day, 2.06 million shares were traded. UPWK stock price reached its highest trading level at $10.8775 during the session, while it also had its lowest trading level at $10.385.
Ratios:
We take a closer look at UPWK’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.59. For the most recent quarter (mrq), Quick Ratio is recorded 3.00 and its Current Ratio is at 3.00. In the meantime, Its Debt-to-Equity ratio is 1.01 whereas as Long-Term Debt/Eq ratio is at 1.00.
On May 02, 2024, BTIG Research Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $16.
Jefferies Upgraded its Hold to Buy on January 08, 2024, whereas the target price for the stock was revised from $13 to $20.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 16 ’24 when Brown Hayden sold 20,000 shares for $10.01 per share. The transaction valued at 200,164 led to the insider holds 1,170,561 shares of the business.
Brown Hayden sold 9,444 shares of UPWK for $99,833 on Sep 18 ’24. The President & CEO now owns 1,178,850 shares after completing the transaction at $10.57 per share. On Sep 18 ’24, another insider, HAYDEN BROWN, who serves as the Officer of the company, bought 9,444 shares for $10.57 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UPWK now has a Market Capitalization of 1378153088 and an Enterprise Value of 1246060672. As of this moment, Upwork’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.41, and their Forward P/E ratio for the next fiscal year is 9.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.85 while its Price-to-Book (P/B) ratio in mrq is 3.82. Its current Enterprise Value per Revenue stands at 1.675 whereas that against EBITDA is 23.003.
Stock Price History:
Over the past 52 weeks, UPWK has reached a high of $16.36, while it has fallen to a 52-week low of $8.43. The 50-Day Moving Average of the stock is 0.74%, while the 200-Day Moving Average is calculated to be -13.84%.
Shares Statistics:
According to the various share statistics, UPWK traded on average about 2.39M shares per day over the past 3-months and 1817590 shares per day over the past 10 days. A total of 137.27M shares are outstanding, with a floating share count of 118.63M. Insiders hold about 10.13% of the company’s shares, while institutions hold 77.73% stake in the company. Shares short for UPWK as of 1724976000 were 11812941 with a Short Ratio of 4.94, compared to 1722384000 on 14336482. Therefore, it implies a Short% of Shares Outstanding of 11812941 and a Short% of Float of 10.99.
