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
The closing price of Qualigen Therapeutics Inc (NASDAQ: QLGN) was $0.11 for the day, down -7.65% from the previous closing price of $0.12. In other words, the price has decreased by -$7.65 from its previous closing price. On the day, 11.02 million shares were traded. QLGN stock price reached its highest trading level at $0.1349 during the session, while it also had its lowest trading level at $0.1021.
Ratios:
Our analysis of QLGN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.11 and its Current Ratio is at 0.11.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, QLGN now has a Market Capitalization of 4341938 and an Enterprise Value of 2915210.
Stock Price History:
Over the past 52 weeks, QLGN has reached a high of $0.87, while it has fallen to a 52-week low of $0.08. The 50-Day Moving Average of the stock is -34.41%, while the 200-Day Moving Average is calculated to be -61.77%.
Shares Statistics:
QLGN traded an average of 2.56M shares per day over the past three months and 15888050 shares per day over the past ten days. A total of 27.02M shares are outstanding, with a floating share count of 24.46M. Insiders hold about 9.49% of the company’s shares, while institutions hold 1.45% stake in the company. Shares short for QLGN as of 1728950400 were 110185 with a Short Ratio of 0.04, compared to 1726185600 on 275585. Therefore, it implies a Short% of Shares Outstanding of 110185 and a Short% of Float of 0.41000000000000003.