For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall 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, Atricure Inc (NASDAQ: ATRC) closed at $27.07 down -2.03% from its previous closing price of $27.63. In other words, the price has decreased by -$2.03 from its previous closing price. On the day, 0.5 million shares were traded. ATRC stock price reached its highest trading level at $27.84 during the session, while it also had its lowest trading level at $26.95.
Ratios:
For a deeper understanding of Atricure Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.93 and its Current Ratio is at 4.13. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.16.
On October 23, 2023, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $60.
On September 29, 2023, UBS started tracking the stock assigning a Buy rating and target price of $56.UBS initiated its Buy rating on September 29, 2023, with a $56 target price.
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 Aug 15 ’24 when Yuen Maggie sold 3,500 shares for $24.07 per share. The transaction valued at 84,245 led to the insider holds 8,970 shares of the business.
Yuen Maggie bought 3,500 shares of ATRC for $84,245 on Aug 15 ’24. On May 30 ’24, another insider, Privitera Salvatore, who serves as the Chief Technical Officer of the company, bought 5,000 shares for $22.25 each. As a result, the insider paid 111,250 and bolstered with 103,290 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, ATRC now has a Market Capitalization of 1318241280 and an Enterprise Value of 1279537408. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.07 while its Price-to-Book (P/B) ratio in mrq is 2.85. Its current Enterprise Value per Revenue stands at 2.976 whereas that against EBITDA is -73.037.
Stock Price History:
The Beta on a monthly basis for ATRC is 1.44, which has changed by -0.33846527 over the last 52 weeks, in comparison to a change of 0.3069358 over the same period for the S&P500. Over the past 52 weeks, ATRC has reached a high of $43.00, while it has fallen to a 52-week low of $18.94. The 50-Day Moving Average of the stock is 6.99%, while the 200-Day Moving Average is calculated to be -1.12%.
Shares Statistics:
For the past three months, ATRC has traded an average of 747.32K shares per day and 463360 over the past ten days. A total of 47.53M shares are outstanding, with a floating share count of 47.10M. Insiders hold about 3.28% of the company’s shares, while institutions hold 104.37% stake in the company. Shares short for ATRC as of 1726185600 were 3545801 with a Short Ratio of 4.74, compared to 1723680000 on 3644616. Therefore, it implies a Short% of Shares Outstanding of 3545801 and a Short% of Float of 7.510000499999999.
