Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting 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
Noodles & Company (NASDAQ: NDLS) closed the day trading at $0.68 down -2.44% from the previous closing price of $0.70. In other words, the price has decreased by -$2.44 from its previous closing price. On the day, 0.31 million shares were traded. NDLS stock price reached its highest trading level at $0.7213 during the session, while it also had its lowest trading level at $0.6515.
Ratios:
For a better understanding of NDLS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.17 and its Current Ratio is at 0.31. In the meantime, Its Debt-to-Equity ratio is 77.56 whereas as Long-Term Debt/Eq ratio is at 68.58.
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, The Benchmark Company on March 12, 2024, Reiterated its Buy rating but revised its target price to $4 from $5 previously.
On August 11, 2023, The Benchmark Company reiterated its Buy rating and also upped its target price recommendation from $6 to $5.
The Benchmark Company reiterated its Buy rating for the stock on July 05, 2023, while the target price for the stock was revised from $8 to $6.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NDLS now has a Market Capitalization of 31061584 and an Enterprise Value of 317057568. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06 while its Price-to-Book (P/B) ratio in mrq is 8.32. Its current Enterprise Value per Revenue stands at 0.639 whereas that against EBITDA is 12.235.
Stock Price History:
Over the past 52 weeks, NDLS has reached a high of $3.50, while it has fallen to a 52-week low of $0.65. The 50-Day Moving Average of the stock is -35.54%, while the 200-Day Moving Average is calculated to be -57.72%.
Shares Statistics:
Over the past 3-months, NDLS traded about 175.16K shares per day on average, while over the past 10 days, NDLS traded about 175000 shares per day. A total of 44.99M shares are outstanding, with a floating share count of 32.46M. Insiders hold about 28.94% of the company’s shares, while institutions hold 41.23% stake in the company. Shares short for NDLS as of 1731628800 were 729768 with a Short Ratio of 4.17, compared to 1728950400 on 499871. Therefore, it implies a Short% of Shares Outstanding of 729768 and a Short% of Float of 1.94.
