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
As of close of business last night, Conduent Inc’s stock clocked out at $3.98, up 0.51% from its previous closing price of $3.96. In other words, the price has increased by $0.51 from its previous closing price. On the day, 1.1 million shares were traded. CNDT stock price reached its highest trading level at $4.02 during the session, while it also had its lowest trading level at $3.925.
Ratios:
To gain a deeper understanding of CNDT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 74.02. For the most recent quarter (mrq), Quick Ratio is recorded 1.87 and its Current Ratio is at 1.87. In the meantime, Its Debt-to-Equity ratio is 1.57 whereas as Long-Term Debt/Eq ratio is at 1.47.
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, Noble Capital Markets on March 14, 2024, initiated with a Outperform rating and assigned the stock a target price of $9.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 08 ’24 when ICAHN CARL C sold 38,149,336 shares for $3.47 per share. The transaction valued at 132,378,196 led to the insider holds 0 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, CNDT now has a Market Capitalization of 814240384 and an Enterprise Value of 1870242304. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 1.17. Its current Enterprise Value per Revenue stands at 0.503 whereas that against EBITDA is 8.699.
Stock Price History:
Over the past 52 weeks, CNDT has reached a high of $4.08, while it has fallen to a 52-week low of $2.40. The 50-Day Moving Average of the stock is 13.70%, while the 200-Day Moving Average is calculated to be 18.81%.
Shares Statistics:
It appears that CNDT traded 1.25M shares on average per day over the past three months and 920980 shares per day over the past ten days. A total of 211.51M shares are outstanding, with a floating share count of 188.11M. Insiders hold about 8.05% of the company’s shares, while institutions hold 77.40% stake in the company. Shares short for CNDT as of 1719532800 were 2536160 with a Short Ratio of 2.02, compared to 1717113600 on 3132939. Therefore, it implies a Short% of Shares Outstanding of 2536160 and a Short% of Float of 1.5599999999999998.
