In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks 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
Waystar Holding Corp (NASDAQ: WAY) closed the day trading at $30.87 down -0.29% from the previous closing price of $30.96. In other words, the price has decreased by -$0.29 from its previous closing price. On the day, 0.52 million shares were traded. WAY stock price reached its highest trading level at $31.2174 during the session, while it also had its lowest trading level at $30.74.
Ratios:
For a better understanding of WAY, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 36.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 59.28. For the most recent quarter (mrq), Quick Ratio is recorded 2.29 and its Current Ratio is at 2.29. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.41.
On July 02, 2024, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $27.RBC Capital Mkts initiated its Outperform rating on July 02, 2024, with a $27 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 10 ’24 when DRISCOLL JOHN PATRICK bought 6,000 shares for $21.50 per share. The transaction valued at 129,000 led to the insider holds 85,623 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WAY now has a Market Capitalization of 5312294912 and an Enterprise Value of 6450281984. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.86 while its Price-to-Book (P/B) ratio in mrq is 1.74. Its current Enterprise Value per Revenue stands at 7.118 whereas that against EBITDA is 22.151.
Stock Price History:
Over the past 52 weeks, WAY has reached a high of $33.25, while it has fallen to a 52-week low of $20.26. The 50-Day Moving Average of the stock is 7.78%, while the 200-Day Moving Average is calculated to be 19.92%.
Shares Statistics:
Over the past 3-months, WAY traded about 887.04K shares per day on average, while over the past 10 days, WAY traded about 1004570 shares per day. A total of 166.66M shares are outstanding, with a floating share count of 74.91M. Insiders hold about 56.47% of the company’s shares, while institutions hold 46.83% stake in the company. Shares short for WAY as of 1731628800 were 3216737 with a Short Ratio of 3.19, compared to 1728950400 on 2583989. Therefore, it implies a Short% of Shares Outstanding of 3216737 and a Short% of Float of 5.54.
