In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
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 price of Angiodynamic Inc (NASDAQ: ANGO) closed at $6.74 in the last session, up 0.30% from day before closing price of $6.72. In other words, the price has increased by $0.30 from its previous closing price. On the day, 0.5 million shares were traded. ANGO stock price reached its highest trading level at $6.875 during the session, while it also had its lowest trading level at $6.69.
Ratios:
We take a closer look at ANGO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.41 and its Current Ratio is at 2.25. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
On September 25, 2023, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $19.
Raymond James Downgraded its Strong Buy to Outperform on April 17, 2023, whereas the target price for the stock was revised from $14 to $13.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 07 ’24 when Nighan Warren JR bought 768 shares for $6.09 per share. The transaction valued at 4,677 led to the insider holds 45,777 shares of the business.
Nighan Warren JR bought 100 shares of ANGO for $608 on Oct 10 ’24. The SVP Quality and Regulatory now owns 45,877 shares after completing the transaction at $6.08 per share. On Oct 08 ’24, another insider, Trowbridge Stephen A, who serves as the EVP and CFO of the company, bought 1,700 shares for $5.86 each. As a result, the insider paid 9,962 and bolstered with 172,711 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, ANGO now has a Market Capitalization of 273874496 and an Enterprise Value of 224290832. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.94 while its Price-to-Book (P/B) ratio in mrq is 1.41. Its current Enterprise Value per Revenue stands at 0.766 whereas that against EBITDA is -17.023.
Stock Price History:
Over the past 52 weeks, ANGO has reached a high of $8.25, while it has fallen to a 52-week low of $5.26. The 50-Day Moving Average of the stock is -3.29%, while the 200-Day Moving Average is calculated to be 3.12%.
Shares Statistics:
According to the various share statistics, ANGO traded on average about 484.54K shares per day over the past 3-months and 415600 shares per day over the past 10 days. A total of 40.43M shares are outstanding, with a floating share count of 38.75M. Insiders hold about 4.63% of the company’s shares, while institutions hold 81.14% stake in the company. Shares short for ANGO as of 1730332800 were 1230906 with a Short Ratio of 2.54, compared to 1727654400 on 1128100. Therefore, it implies a Short% of Shares Outstanding of 1230906 and a Short% of Float of 3.6900000000000004.
