In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks 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
As of close of business last night, Ascendis Pharma A/S ADR’s stock clocked out at $113.81, up 0.78% from its previous closing price of $112.93. In other words, the price has increased by $0.78 from its previous closing price. On the day, 2.27 million shares were traded. ASND stock price reached its highest trading level at $116.9 during the session, while it also had its lowest trading level at $111.09.
Ratios:
To gain a deeper understanding of ASND’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.44 and its Current Ratio is at 0.74.
On June 25, 2024, TD Cowen Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $156 to $175.
On May 31, 2024, Stifel started tracking the stock assigning a Buy rating and target price of $200.Stifel initiated its Buy rating on May 31, 2024, with a $200 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASND now has a Market Capitalization of 6527048704 and an Enterprise Value of 6940918272. For the stock, the TTM Price-to-Sale (P/S) ratio is 19.02. Its current Enterprise Value per Revenue stands at 21.852 whereas that against EBITDA is -19.992.
Stock Price History:
Over the past 52 weeks, ASND has reached a high of $161.00, while it has fallen to a 52-week low of $85.29. The 50-Day Moving Average of the stock is -14.52%, while the 200-Day Moving Average is calculated to be -15.30%.
Shares Statistics:
It appears that ASND traded 423.05K shares on average per day over the past three months and 1057490 shares per day over the past ten days. A total of 56.61M shares are outstanding, with a floating share count of 56.61M. Insiders hold about 1.30% of the company’s shares, while institutions hold 105.61% stake in the company. Shares short for ASND as of 1723680000 were 3693288 with a Short Ratio of 8.33, compared to 1721001600 on 3453243. Therefore, it implies a Short% of Shares Outstanding of 3693288 and a Short% of Float of 9.28.
