Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting 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 Stoneridge Inc (NYSE: SRI) was $6.79 for the day, up 2.57% from the previous closing price of $6.62. In other words, the price has increased by $2.57 from its previous closing price. On the day, 0.97 million shares were traded. SRI stock price reached its highest trading level at $6.95 during the session, while it also had its lowest trading level at $6.7101.
Ratios:
Our analysis of SRI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.09. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 2.44. In the meantime, Its Debt-to-Equity ratio is 0.75 whereas as Long-Term Debt/Eq ratio is at 0.75.
Barrington Research Upgraded its Mkt Perform to Outperform on March 02, 2021, while the target price for the stock was maintained at $45.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 07 ’24 when Zizelman James bought 6,500 shares for $15.72 per share. The transaction valued at 102,180 led to the insider holds 6,500 shares of the business.
Kased Rajaey sold 1,032 shares of SRI for $17,389 on Mar 08 ’24. The President Control Devices now owns 5,763 shares after completing the transaction at $16.85 per share. On Mar 06 ’24, another insider, Korth Kim, who serves as the Director of the company, sold 7,745 shares for $16.49 each. As a result, the insider received 127,715 and left with 73,227 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, SRI now has a Market Capitalization of 188002192 and an Enterprise Value of 337404992. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21 while its Price-to-Book (P/B) ratio in mrq is 0.69. Its current Enterprise Value per Revenue stands at 0.367 whereas that against EBITDA is 7.22.
Stock Price History:
Over the past 52 weeks, SRI has reached a high of $19.91, while it has fallen to a 52-week low of $5.89. The 50-Day Moving Average of the stock is -25.46%, while the 200-Day Moving Average is calculated to be -52.17%.
Shares Statistics:
SRI traded an average of 273.10K shares per day over the past three months and 350490 shares per day over the past ten days. A total of 27.55M shares are outstanding, with a floating share count of 26.99M. Insiders hold about 2.52% of the company’s shares, while institutions hold 96.44% stake in the company. Shares short for SRI as of 1730332800 were 304858 with a Short Ratio of 1.12, compared to 1727654400 on 271782. Therefore, it implies a Short% of Shares Outstanding of 304858 and a Short% of Float of 1.27.
