For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost 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
In the latest session, Amplitude Inc (NASDAQ: AMPL) closed at $8.20 down -2.73% from its previous closing price of $8.43. In other words, the price has decreased by -$2.73 from its previous closing price. On the day, 1.78 million shares were traded. AMPL stock price reached its highest trading level at $8.46 during the session, while it also had its lowest trading level at $8.18.
Ratios:
For a deeper understanding of Amplitude Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.05. For the most recent quarter (mrq), Quick Ratio is recorded 2.58 and its Current Ratio is at 2.58. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
On February 21, 2024, Scotiabank Downgraded its rating to Sector Perform which previously was Sector Outperform but kept the price unchanged to $12.
Morgan Stanley Downgraded its Equal-Weight to Underweight on February 01, 2024, while the target price for the stock was maintained at $12.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 17 ’24 when Wong Catherine sold 3,515 shares for $9.16 per share. The transaction valued at 32,199 led to the insider holds 82,820 shares of the business.
Wong Catherine sold 3,515 shares of AMPL for $42,062 on Feb 23 ’24. The Director now owns 86,335 shares after completing the transaction at $11.97 per share. On Jan 02 ’24, another insider, Battery Ventures Select Fund I, who serves as the 10% Owner of the company, sold 33,333 shares for $12.56 each. As a result, the insider received 418,662 and left with 327,766 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, AMPL now has a Market Capitalization of 1027115584 and an Enterprise Value of 690010624. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.54 while its Price-to-Book (P/B) ratio in mrq is 3.45. Its current Enterprise Value per Revenue stands at 2.443 whereas that against EBITDA is -7.973.
Stock Price History:
Over the past 52 weeks, AMPL has reached a high of $14.42, while it has fallen to a 52-week low of $8.00. The 50-Day Moving Average of the stock is -7.46%, while the 200-Day Moving Average is calculated to be -23.90%.
Shares Statistics:
For the past three months, AMPL has traded an average of 633.16K shares per day and 569447 over the past ten days. A total of 85.63M shares are outstanding, with a floating share count of 68.27M. Insiders hold about 43.96% of the company’s shares, while institutions hold 39.55% stake in the company. Shares short for AMPL as of 1719532800 were 3739615 with a Short Ratio of 5.91, compared to 1717113600 on 2299224. Therefore, it implies a Short% of Shares Outstanding of 3739615 and a Short% of Float of 4.9399999999999995.
