The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
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, T2 Biosystems Inc (NASDAQ: TTOO) closed at $0.58 down -18.52% from its previous closing price of $0.71. In other words, the price has decreased by -$18.52 from its previous closing price. On the day, 1.45 million shares were traded. TTOO stock price reached its highest trading level at $0.7194 during the session, while it also had its lowest trading level at $0.5574.
Ratios:
For a deeper understanding of T2 Biosystems Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.36 and its Current Ratio is at 0.60.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Alliance Global Partners on January 27, 2021, Downgraded its rating to Neutral and sets its target price to $2.40 from $2.60 previously.
On October 08, 2020, BTIG Research started tracking the stock assigning a Buy rating and target price of $2.50.
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 Sep 13 ’24 when Elsbree David B sold 55 shares for $2.42 per share. The transaction valued at 133 led to the insider holds 23 shares of the business.
Elsbree David B bought 55 shares of TTOO for $132 on Sep 13 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TTOO now has a Market Capitalization of 10136652 and an Enterprise Value of 25110626. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15. Its current Enterprise Value per Revenue stands at 3.505 whereas that against EBITDA is -0.596.
Stock Price History:
Over the past 52 weeks, TTOO has reached a high of $8.38, while it has fallen to a 52-week low of $0.63. The 50-Day Moving Average of the stock is -67.01%, while the 200-Day Moving Average is calculated to be -84.46%.
Shares Statistics:
For the past three months, TTOO has traded an average of 416.23K shares per day and 791730 over the past ten days. A total of 17.48M shares are outstanding, with a floating share count of 6.02M. Insiders hold about 65.53% of the company’s shares, while institutions hold 13.45% stake in the company. Shares short for TTOO as of 1728950400 were 566485 with a Short Ratio of 1.36, compared to 1726185600 on 374271. Therefore, it implies a Short% of Shares Outstanding of 566485 and a Short% of Float of 3.4000000000000004.
