Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of 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 Longeveron Inc (NASDAQ: LGVN) closed at $2.12 in the last session, down -7.83% from day before closing price of $2.30. In other words, the price has decreased by -$7.83 from its previous closing price. On the day, 0.71 million shares were traded. LGVN stock price reached its highest trading level at $2.25 during the session, while it also had its lowest trading level at $2.06.
Ratios:
We take a closer look at LGVN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 7.67 and its Current Ratio is at 7.67. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.
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 Apr 10 ’24 when Hare Joshua bought 106,383 shares for $2.35 per share. The transaction valued at 250,000 led to the insider holds 590,727 shares of the business.
Hare Joshua bought 42,553 shares of LGVN for $100,000 on Apr 11 ’24. The Chief Scientific Officer now owns 633,280 shares after completing the transaction at $2.35 per share. On Apr 11 ’24, another insider, Hashad Mohamed Wa’el Ahmed, who serves as the Chief Executive Officer of the company, bought 10,638 shares for $2.35 each. As a result, the insider paid 24,999 and bolstered with 19,616 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, LGVN now has a Market Capitalization of 33026842 and an Enterprise Value of 22399800. For the stock, the TTM Price-to-Sale (P/S) ratio is 16.46 while its Price-to-Book (P/B) ratio in mrq is 1.23. Its current Enterprise Value per Revenue stands at 18.226 whereas that against EBITDA is -1.301.
Stock Price History:
Over the past 52 weeks, LGVN has reached a high of $23.90, while it has fallen to a 52-week low of $0.77. The 50-Day Moving Average of the stock is 3.93%, while the 200-Day Moving Average is calculated to be -21.54%.
Shares Statistics:
According to the various share statistics, LGVN traded on average about 617.58K shares per day over the past 3-months and 458540 shares per day over the past 10 days. A total of 6.35M shares are outstanding, with a floating share count of 4.57M. Insiders hold about 28.07% of the company’s shares, while institutions hold 6.77% stake in the company. Shares short for LGVN as of 1730332800 were 1277023 with a Short Ratio of 2.07, compared to 1727654400 on 749645. Therefore, it implies a Short% of Shares Outstanding of 1277023 and a Short% of Float of 10.24.
