Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections 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 closing price of Microvast Holdings Inc (NASDAQ: MVST) was $0.21 for the day, up 1.86% from the previous closing price of $0.21. In other words, the price has increased by $1.86 from its previous closing price. On the day, 0.87 million shares were traded. MVST stock price reached its highest trading level at $0.219 during the session, while it also had its lowest trading level at $0.2101.
Ratios:
Our analysis of MVST’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.71 and its Current Ratio is at 1.12. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.22.
On November 29, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $8.
On August 31, 2023, Janney started tracking the stock assigning a Buy rating and target price of $8.Janney initiated its Buy rating on August 31, 2023, with a $8 target price.
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 Sep 26 ’24 when Stephen A. Vogel bought 236,055 shares for $0.28 per share.
Stephen A. Vogel bought 2,800,000 shares of MVST for $761,600 on Sep 06 ’24. On Nov 14 ’23, another insider, Zheng Yanzhuan, who serves as the Director of the company, sold 1,000,000 shares for $1.30 each. As a result, the insider received 1,300,000 and left with 710,000 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, MVST now has a Market Capitalization of 67687272 and an Enterprise Value of 219324496. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 0.14. Its current Enterprise Value per Revenue stands at 0.627 whereas that against EBITDA is -3.853.
Stock Price History:
Over the past 52 weeks, MVST has reached a high of $1.55, while it has fallen to a 52-week low of $0.18. The 50-Day Moving Average of the stock is -15.87%, while the 200-Day Moving Average is calculated to be -56.94%.
Shares Statistics:
MVST traded an average of 1.96M shares per day over the past three months and 1355510 shares per day over the past ten days. A total of 315.01M shares are outstanding, with a floating share count of 174.07M. Insiders hold about 45.07% of the company’s shares, while institutions hold 13.45% stake in the company. Shares short for MVST as of 1728950400 were 13461360 with a Short Ratio of 6.87, compared to 1726185600 on 13290376. Therefore, it implies a Short% of Shares Outstanding of 13461360 and a Short% of Float of 14.08.
