Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on 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 price of Checkpoint Therapeutics Inc (NASDAQ: CKPT) closed at $4.10 in the last session, up 1.74% from day before closing price of $4.03. In other words, the price has increased by $1.74 from its previous closing price. On the day, 1.65 million shares were traded. CKPT stock price reached its highest trading level at $4.33 during the session, while it also had its lowest trading level at $3.99.
Ratios:
We take a closer look at CKPT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.29 and its Current Ratio is at 0.29.
On June 09, 2021, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $18.
On January 20, 2021, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $16.Cantor Fitzgerald initiated its Overweight rating on January 20, 2021, with a $16 target price.
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 Jun 26 ’24 when Oliviero James F III sold 24,610 shares for $2.05 per share. The transaction valued at 50,450 led to the insider holds 1,977,170 shares of the business.
GRAY WILLIAM GARRETT sold 13,038 shares of CKPT for $26,858 on Jun 26 ’24. The Chief Financial Officer now owns 672,186 shares after completing the transaction at $2.06 per share. On Feb 28 ’24, another insider, Oliviero James F III, who serves as the CEO, President and Director of the company, sold 5,894 shares for $2.06 each. As a result, the insider received 12,142 and left with 350,836 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, CKPT now has a Market Capitalization of 200213248 and an Enterprise Value of 150360544. For the stock, the TTM Price-to-Sale (P/S) ratio is 4004.16. Its current Enterprise Value per Revenue stands at 1927.699.
Stock Price History:
Over the past 52 weeks, CKPT has reached a high of $4.27, while it has fallen to a 52-week low of $1.36. The 50-Day Moving Average of the stock is 36.29%, while the 200-Day Moving Average is calculated to be 80.56%.
Shares Statistics:
According to the various share statistics, CKPT traded on average about 707.06K shares per day over the past 3-months and 907290 shares per day over the past 10 days. A total of 48.83M shares are outstanding, with a floating share count of 40.57M. Insiders hold about 16.91% of the company’s shares, while institutions hold 16.23% stake in the company. Shares short for CKPT as of 1730332800 were 5563543 with a Short Ratio of 7.87, compared to 1727654400 on 4375843. Therefore, it implies a Short% of Shares Outstanding of 5563543 and a Short% of Float of 13.370000000000001.
