Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting 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 Upstart Holdings Inc (NASDAQ: UPST) closed at $52.91 in the last session, down -2.15% from day before closing price of $54.07. In other words, the price has decreased by -$2.15 from its previous closing price. On the day, 12.36 million shares were traded. UPST stock price reached its highest trading level at $57.31 during the session, while it also had its lowest trading level at $52.89.
Ratios:
We take a closer look at UPST’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.29 and its Current Ratio is at 4.29. In the meantime, Its Debt-to-Equity ratio is 1.82 whereas as Long-Term Debt/Eq ratio is at 1.81.
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 the company, Wedbush on October 14, 2024, Upgraded its rating to Neutral and sets its target price to $45 from $10 previously.
On August 07, 2024, Citigroup Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $15 to $33.
Mizuho Upgraded its Underperform to Outperform on July 31, 2024, whereas the target price for the stock was revised from $17 to $31.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 14 ’24 when Datta Sanjay sold 1,500 shares for $48.68 per share. The transaction valued at 73,020 led to the insider holds 337,093 shares of the business.
Gu Paul sold 20,000 shares of UPST for $1,005,134 on Oct 14 ’24. The Chief Technology Offier now owns 878,565 shares after completing the transaction at $50.26 per share. On Oct 14 ’24, another insider, Darling Scott, who serves as the Chief Legal Officer of the company, sold 84,000 shares for $50.02 each. As a result, the insider received 4,201,447 and left with 152,043 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, UPST now has a Market Capitalization of 4736164352 and an Enterprise Value of 5442783232. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.93 while its Price-to-Book (P/B) ratio in mrq is 7.93. Its current Enterprise Value per Revenue stands at 9.45 whereas that against EBITDA is -37.761.
Stock Price History:
Over the past 52 weeks, UPST has reached a high of $56.08, while it has fallen to a 52-week low of $19.84. The 50-Day Moving Average of the stock is 35.17%, while the 200-Day Moving Average is calculated to be 77.11%.
Shares Statistics:
According to the various share statistics, UPST traded on average about 8.11M shares per day over the past 3-months and 8063600 shares per day over the past 10 days. A total of 86.33M shares are outstanding, with a floating share count of 77.21M. Insiders hold about 13.75% of the company’s shares, while institutions hold 44.02% stake in the company. Shares short for UPST as of 1727654400 were 25205722 with a Short Ratio of 3.11, compared to 1724976000 on 24450524. Therefore, it implies a Short% of Shares Outstanding of 25205722 and a Short% of Float of 32.32.
