Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
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, Alibaba Group Holding Ltd ADR (NYSE: BABA) closed at $100.91 down -1.48% from its previous closing price of $102.43. In other words, the price has decreased by -$1.48 from its previous closing price. On the day, 9.71 million shares were traded. BABA stock price reached its highest trading level at $101.65 during the session, while it also had its lowest trading level at $100.12.
Ratios:
For a deeper understanding of Alibaba Group Holding Ltd ADR’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.15. For the most recent quarter (mrq), Quick Ratio is recorded 1.41 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.19.
On February 08, 2024, Macquarie Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $88.50 to $85.40.
Mizuho reiterated its Buy rating for the stock on January 17, 2024, while the target price for the stock was revised from $120 to $100.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BABA now has a Market Capitalization of 244003422208 and an Enterprise Value of 1826244788224. As of this moment, Alibaba’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.37, and their Forward P/E ratio for the next fiscal year is 10.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.84 while its Price-to-Book (P/B) ratio in mrq is 1.86. Its current Enterprise Value per Revenue stands at 1.922 whereas that against EBITDA is 10.342.
Stock Price History:
Over the past 52 weeks, BABA has reached a high of $117.82, while it has fallen to a 52-week low of $66.07. The 50-Day Moving Average of the stock is 8.91%, while the 200-Day Moving Average is calculated to be 27.21%.
Shares Statistics:
For the past three months, BABA has traded an average of 19.19M shares per day and 21759570 over the past ten days. A total of 2.43B shares are outstanding, with a floating share count of 2.39B. Insiders hold about 0.13% of the company’s shares, while institutions hold 14.85% stake in the company. Shares short for BABA as of 1727654400 were 67990367 with a Short Ratio of 3.54, compared to 1724976000 on 54653125. Therefore, it implies a Short% of Shares Outstanding of 67990367 and a Short% of Float of 3.39.
Dividends & Splits
According to the company, the forward annual dividend rate for BABA is 2.00, from 7.221 in the trailing year. Against a Trailing Annual Dividend Yield of 0.070496924
