Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
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, Wayfair Inc (NYSE: W) closed at $41.90 up 2.44% from its previous closing price of $40.90. In other words, the price has increased by $2.44 from its previous closing price. On the day, 4.23 million shares were traded. W stock price reached its highest trading level at $43.275 during the session, while it also had its lowest trading level at $40.1177.
Ratios:
For a deeper understanding of Wayfair 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 3.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 55.04. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 0.83.
BofA Securities Downgraded its Buy to Neutral on August 01, 2024, whereas the target price for the stock was revised from $85 to $58.
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 12 ’24 when Conine Steven bought 2,000 shares for $39.40 per share.
Shah Niraj bought 2,000 shares of W for $78,800 on Aug 12 ’24. On Aug 02 ’24, another insider, Schaferkordt Anke, who serves as the Director of the company, sold 420 shares for $48.12 each. As a result, the insider received 20,210 and left with 12,831 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, W now has a Market Capitalization of 5049704448 and an Enterprise Value of 7813702144. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43. Its current Enterprise Value per Revenue stands at 0.656 whereas that against EBITDA is -20.562.
Stock Price History:
Over the past 52 weeks, W has reached a high of $76.18, while it has fallen to a 52-week low of $38.02. The 50-Day Moving Average of the stock is -12.93%, while the 200-Day Moving Average is calculated to be -24.58%.
Shares Statistics:
For the past three months, W has traded an average of 4.00M shares per day and 3441830 over the past ten days. A total of 92.46M shares are outstanding, with a floating share count of 89.00M. Insiders hold about 27.92% of the company’s shares, while institutions hold 98.00% stake in the company. Shares short for W as of 1723680000 were 20287112 with a Short Ratio of 5.07, compared to 1721001600 on 21815261. Therefore, it implies a Short% of Shares Outstanding of 20287112 and a Short% of Float of 29.330000000000002.
