In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing 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 Cineverse Corp (NASDAQ: CNVS) closed at $2.68 in the last session, down -15.72% from day before closing price of $3.18. In other words, the price has decreased by -$15.72 from its previous closing price. On the day, 0.54 million shares were traded. CNVS stock price reached its highest trading level at $3.18 during the session, while it also had its lowest trading level at $2.63.
Ratios:
We take a closer look at CNVS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 0.97. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.01.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CNVS now has a Market Capitalization of 50024612 and an Enterprise Value of 49146992. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 1.55. Its current Enterprise Value per Revenue stands at 1.085 whereas that against EBITDA is 33.57.
Stock Price History:
Over the past 52 weeks, CNVS has reached a high of $3.93, while it has fallen to a 52-week low of $0.71. The 50-Day Moving Average of the stock is 67.05%, while the 200-Day Moving Average is calculated to be 123.34%.
Shares Statistics:
According to the various share statistics, CNVS traded on average about 215.37K shares per day over the past 3-months and 368040 shares per day over the past 10 days. A total of 15.70M shares are outstanding, with a floating share count of 12.78M. Insiders hold about 18.61% of the company’s shares, while institutions hold 14.58% stake in the company. Shares short for CNVS as of 1730332800 were 341941 with a Short Ratio of 1.59, compared to 1727654400 on 119403. Therefore, it implies a Short% of Shares Outstanding of 341941 and a Short% of Float of 2.4699999999999998.