Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in 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 SPI Energy Co Ltd (NASDAQ: SPI) closed at $0.33 in the last session, up 1.34% from day before closing price of $0.33. In other words, the price has increased by $1.34 from its previous closing price. On the day, 53559.0 shares were traded. SPI stock price reached its highest trading level at $0.3386 during the session, while it also had its lowest trading level at $0.32.
Ratios:
We take a closer look at SPI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.20 and its Current Ratio is at 0.41. In the meantime, Its Debt-to-Equity ratio is 34.34 whereas as Long-Term Debt/Eq ratio is at 8.36.
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, Maxim Group on September 27, 2021, initiated with a Buy rating and assigned the stock a target price of $12.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SPI now has a Market Capitalization of 10508031 and an Enterprise Value of 74196032. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05 while its Price-to-Book (P/B) ratio in mrq is 4.04. Its current Enterprise Value per Revenue stands at 0.354 whereas that against EBITDA is -6.477.
Stock Price History:
Over the past 52 weeks, SPI has reached a high of $1.26, while it has fallen to a 52-week low of $0.27. The 50-Day Moving Average of the stock is -10.65%, while the 200-Day Moving Average is calculated to be -41.72%.
Shares Statistics:
According to the various share statistics, SPI traded on average about 67.80K shares per day over the past 3-months and 70170 shares per day over the past 10 days. A total of 31.60M shares are outstanding, with a floating share count of 23.22M. Insiders hold about 26.53% of the company’s shares, while institutions hold 1.73% stake in the company. Shares short for SPI as of 1723680000 were 57286 with a Short Ratio of 0.84, compared to 1721001600 on 54883. Therefore, it implies a Short% of Shares Outstanding of 57286 and a Short% of Float of 0.23999999000000002.