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 closing price of New York Mortgage Trust Inc (NASDAQ: NYMT) was $5.77 for the day, up 3.04% from the previous closing price of $5.60. In other words, the price has increased by $3.04 from its previous closing price. On the day, 1.55 million shares were traded. NYMT stock price reached its highest trading level at $6.14 during the session, while it also had its lowest trading level at $5.75.
Ratios:
Our analysis of NYMT’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 4.40 whereas as Long-Term Debt/Eq ratio is at 2.34.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Janney on August 13, 2024, initiated with a Neutral rating and assigned the stock a target price of $7.
On December 06, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $8.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NYMT now has a Market Capitalization of 522643136 and an Enterprise Value of 8001126400. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.22 while its Price-to-Book (P/B) ratio in mrq is 0.58. Its current Enterprise Value per Revenue stands at 32.121.
Stock Price History:
Over the past 52 weeks, NYMT has reached a high of $9.67, while it has fallen to a 52-week low of $5.14. The 50-Day Moving Average of the stock is -5.64%, while the 200-Day Moving Average is calculated to be -12.43%.
Shares Statistics:
NYMT traded an average of 552.00K shares per day over the past three months and 903100 shares per day over the past ten days. A total of 90.68M shares are outstanding, with a floating share count of 89.15M. Insiders hold about 1.57% of the company’s shares, while institutions hold 58.88% stake in the company. Shares short for NYMT as of 1728950400 were 2501631 with a Short Ratio of 4.53, compared to 1726185600 on 2686388. Therefore, it implies a Short% of Shares Outstanding of 2501631 and a Short% of Float of 3.3800002000000005.
Dividends & Splits
With its trailing 12-month dividend rate of 0.2, NYMT has a forward annual dividend rate of 0.80. Against a Trailing Annual Dividend Yield of 0.035714287The stock’s 5-year Average Dividend Yield is 14.94.
