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, Silk Road Medical Inc (NASDAQ: SILK) closed at $27.08 down -0.15% from its previous closing price of $27.12. In other words, the price has decreased by -$0.15 from its previous closing price. On the day, 1.89 million shares were traded. SILK stock price reached its highest trading level at $27.13 during the session, while it also had its lowest trading level at $27.04.
Ratios:
For a deeper understanding of Silk Road Medical Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.69 and its Current Ratio is at 7.63. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.53.
On March 07, 2024, Argus Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $24.
Stifel Upgraded its Hold to Buy on January 19, 2024, whereas the target price for the stock was revised from $9 to $20.
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 19 ’24 when Klemz Kevin M bought 2,268 shares for $27.10 per share.
Davis Andrew S. sold 66 shares of SILK for $1,782 on Jul 03 ’24. The Chief Commercial Officer now owns 289,707 shares after completing the transaction at $27.00 per share. On Mar 05 ’24, another insider, Ballinger Kevin J., who serves as the Director of the company, bought 11,700 shares for $16.99 each. As a result, the insider paid 198,783 and bolstered with 17,807 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, SILK now has a Market Capitalization of 1100317312 and an Enterprise Value of 1012803456. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.75 while its Price-to-Book (P/B) ratio in mrq is 7.11. Its current Enterprise Value per Revenue stands at 5.291 whereas that against EBITDA is -17.598.
Stock Price History:
Over the past 52 weeks, SILK has reached a high of $27.23, while it has fallen to a 52-week low of $6.08. The 50-Day Moving Average of the stock is 3.52%, while the 200-Day Moving Average is calculated to be 50.94%.
Shares Statistics:
For the past three months, SILK has traded an average of 1.82M shares per day and 1591640 over the past ten days. A total of 39.17M shares are outstanding, with a floating share count of 38.05M. Insiders hold about 6.36% of the company’s shares, while institutions hold 93.98% stake in the company. Shares short for SILK as of 1722384000 were 2569593 with a Short Ratio of 1.42, compared to 1719532800 on 2076559. Therefore, it implies a Short% of Shares Outstanding of 2569593 and a Short% of Float of 6.419999999999999.
