Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in 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
Plains All American Pipeline LP (NASDAQ: PAA) closed the day trading at $17.47 up 0.52% from the previous closing price of $17.38. In other words, the price has increased by $0.52 from its previous closing price. On the day, 1.61 million shares were traded. PAA stock price reached its highest trading level at $17.5199 during the session, while it also had its lowest trading level at $17.345.
Ratios:
For a better understanding of PAA, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.75. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 1.00. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.73.
Barclays Downgraded its Equal Weight to Underweight on September 25, 2023, while the target price for the stock was maintained at $15.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 21 ’23 when Goebel Jeremy L. sold 35,000 shares for $15.58 per share. The transaction valued at 545,321 led to the insider holds 279,223 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PAA now has a Market Capitalization of 12247884800 and an Enterprise Value of 25550891008. As of this moment, Plains’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.88, and their Forward P/E ratio for the next fiscal year is 12.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 1.54. Its current Enterprise Value per Revenue stands at 0.514 whereas that against EBITDA is 10.442.
Stock Price History:
Over the past 52 weeks, PAA has reached a high of $19.17, while it has fallen to a 52-week low of $14.46. The 50-Day Moving Average of the stock is -0.51%, while the 200-Day Moving Average is calculated to be 1.54%.
Shares Statistics:
Over the past 3-months, PAA traded about 2.17M shares per day on average, while over the past 10 days, PAA traded about 1409500 shares per day. A total of 701.01M shares are outstanding, with a floating share count of 454.89M. Insiders hold about 35.12% of the company’s shares, while institutions hold 40.99% stake in the company. Shares short for PAA as of 1727654400 were 9076726 with a Short Ratio of 4.18, compared to 1724976000 on 10646217. Therefore, it implies a Short% of Shares Outstanding of 9076726 and a Short% of Float of 1.96.
Dividends & Splits
PAA’s forward annual dividend rate is 1.22, up from 1.22 a year ago. Against a Trailing Annual Dividend Yield of 0.07019563The stock’s 5-year Average Dividend Yield is 8.6.
