Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting 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
Waystar Holding Corp (NASDAQ: WAY) closed the day trading at $27.75 up 0.62% from the previous closing price of $27.58. In other words, the price has increased by $0.62 from its previous closing price. On the day, 0.82 million shares were traded. WAY stock price reached its highest trading level at $27.82 during the session, while it also had its lowest trading level at $27.37.
Ratios:
For a better understanding of WAY, 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 57.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1694.07. For the most recent quarter (mrq), Quick Ratio is recorded 2.15 and its Current Ratio is at 2.15. In the meantime, Its Debt-to-Equity ratio is 0.47 whereas as Long-Term Debt/Eq ratio is at 0.46.
On July 02, 2024, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $27.
On July 02, 2024, Raymond James started tracking the stock assigning a Outperform rating and target price of $30.Raymond James initiated its Outperform rating on July 02, 2024, with a $30 target price.
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 Jun 10 ’24 when DRISCOLL JOHN PATRICK bought 6,000 shares for $21.50 per share. The transaction valued at 129,000 led to the insider holds 85,623 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, WAY now has a Market Capitalization of 4624815104 and an Enterprise Value of 5933079040. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.36 while its Price-to-Book (P/B) ratio in mrq is 1.57. Its current Enterprise Value per Revenue stands at 6.873 whereas that against EBITDA is 21.035.
Stock Price History:
Over the past 52 weeks, WAY has reached a high of $28.57, while it has fallen to a 52-week low of $20.26. The 50-Day Moving Average of the stock is 4.27%, while the 200-Day Moving Average is calculated to be 13.08%.
Shares Statistics:
Over the past 3-months, WAY traded about 679.48K shares per day on average, while over the past 10 days, WAY traded about 453780 shares per day. A total of 166.66M shares are outstanding, with a floating share count of 72.47M. Insiders hold about 56.52% of the company’s shares, while institutions hold 47.95% stake in the company. Shares short for WAY as of 1727654400 were 3422367 with a Short Ratio of 5.04, compared to 1724976000 on 937586. Therefore, it implies a Short% of Shares Outstanding of 3422367 and a Short% of Float of 6.5.
