Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your 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
As of close of business last night, Axos Financial Inc.’s stock clocked out at $62.71, up 0.34% from its previous closing price of $62.50. In other words, the price has increased by $0.34 from its previous closing price. On the day, 0.67 million shares were traded. AX stock price reached its highest trading level at $63.04 during the session, while it also had its lowest trading level at $61.47.
Ratios:
To gain a deeper understanding of AX’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.18.
On February 21, 2023, Raymond James Downgraded its rating to Outperform which previously was Strong Buy but kept the price unchanged to $55.
Keefe Bruyette Upgraded its Mkt Perform to Outperform on July 11, 2022, whereas the target price for the stock was revised from $52 to $56.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 15 ’24 when Wardell-Smith Sara bought 5,000 shares for $49.75 per share. The transaction valued at 248,750 led to the insider holds 5,000 shares of the business.
Micheletti Andrew J sold 13,000 shares of AX for $665,080 on Mar 13 ’24. The EVP, Finance now owns 39,000 shares after completing the transaction at $51.16 per share. On Mar 11 ’24, another insider, Micheletti Andrew J, who serves as the EVP, Finance of the company, sold 13,668 shares for $51.17 each. As a result, the insider received 699,392 and left with 52,000 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, AX now has a Market Capitalization of 3567860224 and an Enterprise Value of 4057361152. As of this moment, Axos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.13, and their Forward P/E ratio for the next fiscal year is 8.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.00 while its Price-to-Book (P/B) ratio in mrq is 1.56. Its current Enterprise Value per Revenue stands at 3.831.
Stock Price History:
Over the past 52 weeks, AX has reached a high of $79.15, while it has fallen to a 52-week low of $32.05. The 50-Day Moving Average of the stock is 2.29%, while the 200-Day Moving Average is calculated to be 17.94%.
Shares Statistics:
It appears that AX traded 706.71K shares on average per day over the past three months and 849980 shares per day over the past ten days. A total of 56.89M shares are outstanding, with a floating share count of 51.27M. Insiders hold about 10.00% of the company’s shares, while institutions hold 87.53% stake in the company. Shares short for AX as of 1722384000 were 6118638 with a Short Ratio of 8.66, compared to 1719532800 on 6838562. Therefore, it implies a Short% of Shares Outstanding of 6118638 and a Short% of Float of 15.740000000000002.
