Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost 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, Shyft Group Inc’s stock clocked out at $16.77, up 1.33% from its previous closing price of $16.55. In other words, the price has increased by $1.33 from its previous closing price. On the day, 0.57 million shares were traded. SHYF stock price reached its highest trading level at $17.56 during the session, while it also had its lowest trading level at $16.14.
Ratios:
To gain a deeper understanding of SHYF’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.19 and its Current Ratio is at 1.86. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.40.
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 the company, DA Davidson on July 29, 2024, Upgraded its rating to Buy and sets its target price to $18 from $12 previously.
DA Davidson Downgraded its Buy to Neutral on July 28, 2023, whereas the target price for the stock was revised from $32 to $16.
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 Feb 26 ’24 when Dunn John Albert bought 4,545 shares for $11.00 per share. The transaction valued at 49,995 led to the insider holds 35,894 shares of the business.
Sherbin Joshua A bought 2,254 shares of SHYF for $24,907 on Oct 31 ’23. The Chief Legal Officer now owns 39,105 shares after completing the transaction at $11.05 per share. On Oct 27 ’23, another insider, Douyard Jonathan C, who serves as the Chief Financial Officer of the company, bought 9,060 shares for $11.10 each. As a result, the insider paid 100,566 and bolstered with 81,506 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, SHYF now has a Market Capitalization of 577941184 and an Enterprise Value of 690936128. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.73 while its Price-to-Book (P/B) ratio in mrq is 2.32. Its current Enterprise Value per Revenue stands at 0.87 whereas that against EBITDA is 41.169.
Stock Price History:
Over the past 52 weeks, SHYF has reached a high of $17.04, while it has fallen to a 52-week low of $9.81. The 50-Day Moving Average of the stock is 37.43%, while the 200-Day Moving Average is calculated to be 43.42%.
Shares Statistics:
It appears that SHYF traded 369.54K shares on average per day over the past three months and 535310 shares per day over the past ten days. A total of 34.30M shares are outstanding, with a floating share count of 31.05M. Insiders hold about 9.91% of the company’s shares, while institutions hold 85.29% stake in the company. Shares short for SHYF as of 1721001600 were 1079870 with a Short Ratio of 2.92, compared to 1718323200 on 1344683. Therefore, it implies a Short% of Shares Outstanding of 1079870 and a Short% of Float of 3.2199999999999998.
Dividends & Splits
With its trailing 12-month dividend rate of 0.2, SHYF has a forward annual dividend rate of 0.20. Against a Trailing Annual Dividend Yield of 0.012084593The stock’s 5-year Average Dividend Yield is 0.78.
