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
In other words, the price has increased by $0.00 from its previous closing price. On the day, 2.18 million shares were traded. HLX stock price reached its highest trading level at $11.65 during the session, while it also had its lowest trading level at $11.49.
Ratios:
Our analysis of HLX’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 5.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.90. For the most recent quarter (mrq), Quick Ratio is recorded 1.68 and its Current Ratio is at 1.68. In the meantime, Its Debt-to-Equity ratio is 0.47 whereas as Long-Term Debt/Eq ratio is at 0.43.
On July 27, 2022, Evercore ISI Upgraded its rating to Outperform which previously was In-line and also upped its target price recommendation from $6 to $8.
Piper Sandler Upgraded its Neutral to Overweight on February 01, 2022, whereas the target price for the stock was revised from $4.50 to $5.60.
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 Sparks Scott Andrew sold 12,000 shares for $11.44 per share. The transaction valued at 137,239 led to the insider holds 282,634 shares of the business.
Glassman Diana sold 6,800 shares of HLX for $77,588 on Sep 28 ’23. The Director now owns 27,990 shares after completing the transaction at $11.41 per share. On Aug 18 ’23, another insider, Sparks Scott Andrew, who serves as the EVP and COO of the company, sold 10,000 shares for $9.53 each. As a result, the insider received 95,300 and left with 163,948 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, HLX now has a Market Capitalization of 1762356608 and an Enterprise Value of 2125914624. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.32 while its Price-to-Book (P/B) ratio in mrq is 1.20. Its current Enterprise Value per Revenue stands at 1.591 whereas that against EBITDA is 8.289.
Stock Price History:
Over the past 52 weeks, HLX has reached a high of $12.14, while it has fallen to a 52-week low of $6.18. The 50-Day Moving Average of the stock is 8.55%, while the 200-Day Moving Average is calculated to be 14.48%.
Shares Statistics:
HLX traded an average of 1.72M shares per day over the past three months and 1638510 shares per day over the past ten days. A total of 152.29M shares are outstanding, with a floating share count of 142.70M. Insiders hold about 6.39% of the company’s shares, while institutions hold 90.58% stake in the company. Shares short for HLX as of 1713139200 were 3651014 with a Short Ratio of 2.12, compared to 1710460800 on 5446642. Therefore, it implies a Short% of Shares Outstanding of 3651014 and a Short% of Float of 3.1400003.
