Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on 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, Vita Coco Company Inc (NASDAQ: COCO) closed at $24.30 up 1.33% from its previous closing price of $23.98. In other words, the price has increased by $1.33 from its previous closing price. On the day, 0.55 million shares were traded. COCO stock price reached its highest trading level at $24.66 during the session, while it also had its lowest trading level at $23.93.
Ratios:
For a deeper understanding of Vita Coco Company Inc’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 11.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.17. For the most recent quarter (mrq), Quick Ratio is recorded 2.64 and its Current Ratio is at 3.38. 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, Jefferies on July 24, 2024, Reiterated its Buy rating but revised its target price to $31 from $35 previously.
On July 12, 2024, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $29 to $28.
Stephens Upgraded its Equal-Weight to Overweight on February 29, 2024, while the target price for the stock was maintained at $31.
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 Jul 11 ’24 when van Es Charles sold 500 shares for $31.00 per share. The transaction valued at 15,500 led to the insider holds 97,668 shares of the business.
van Es Charles sold 4,372 shares of COCO for $131,160 on Jul 10 ’24. The Chief Sales Officer now owns 97,668 shares after completing the transaction at $30.00 per share. On Jun 18 ’24, another insider, Liran Ira, who serves as the Director of the company, sold 42,000 shares for $29.53 each. As a result, the insider received 1,240,260 and left with 943,729 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, COCO now has a Market Capitalization of 1377421184 and an Enterprise Value of 1254464000. As of this moment, Vita’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.48, and their Forward P/E ratio for the next fiscal year is 22.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.78 while its Price-to-Book (P/B) ratio in mrq is 6.57. Its current Enterprise Value per Revenue stands at 2.531 whereas that against EBITDA is 17.981.
Stock Price History:
Over the past 52 weeks, COCO has reached a high of $33.29, while it has fallen to a 52-week low of $19.41. The 50-Day Moving Average of the stock is -12.23%, while the 200-Day Moving Average is calculated to be -5.70%.
Shares Statistics:
For the past three months, COCO has traded an average of 643.70K shares per day and 624400 over the past ten days. A total of 56.90M shares are outstanding, with a floating share count of 38.21M. Insiders hold about 32.59% of the company’s shares, while institutions hold 56.45% stake in the company. Shares short for COCO as of 1721001600 were 7037425 with a Short Ratio of 10.93, compared to 1718323200 on 5686054. Therefore, it implies a Short% of Shares Outstanding of 7037425 and a Short% of Float of 25.120002000000003.
