Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase 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, MakeMyTrip Ltd’s stock clocked out at $93.59, up 0.27% from its previous closing price of $93.34. In other words, the price has increased by $0.27 from its previous closing price. On the day, 0.59 million shares were traded. MMYT stock price reached its highest trading level at $95.4557 during the session, while it also had its lowest trading level at $91.26.
Ratios:
To gain a deeper understanding of MMYT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.77 and its Current Ratio is at 2.78. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.23.
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, Macquarie on February 21, 2024, Downgraded its rating to Neutral and sets its target price to $60 from $50 previously.
On December 08, 2022, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight but kept the price unchanged to $36.
On September 14, 2022, JP Morgan started tracking the stock assigning a Overweight rating and target price of $44.JP Morgan initiated its Overweight rating on September 14, 2022, with a $44 target price.
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 Jul 31 ’24 when RAJESH MAGOW bought 8,717 shares for $95.06 per share.
RAJESH MAGOW bought 7,768 shares of MMYT for $738,091 on Jul 29 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MMYT now has a Market Capitalization of 10144781312 and an Enterprise Value of 10012336128. As of this moment, MakeMyTrip’s Price-to-Earnings (P/E) ratio for their current fiscal year is 55.74, and their Forward P/E ratio for the next fiscal year is 53.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 55.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.23 while its Price-to-Book (P/B) ratio in mrq is 9.26. Its current Enterprise Value per Revenue stands at 11.915 whereas that against EBITDA is 109.681.
Stock Price History:
Over the past 52 weeks, MMYT has reached a high of $100.22, while it has fallen to a 52-week low of $28.59. The 50-Day Moving Average of the stock is 11.61%, while the 200-Day Moving Average is calculated to be 51.20%.
Shares Statistics:
It appears that MMYT traded 773.06K shares on average per day over the past three months and 894950 shares per day over the past ten days. A total of 70.11M shares are outstanding, with a floating share count of 63.28M. Insiders hold about 42.35% of the company’s shares, while institutions hold 51.20% stake in the company. Shares short for MMYT as of 1721001600 were 2673169 with a Short Ratio of 3.46, compared to 1718323200 on 3646969. Therefore, it implies a Short% of Shares Outstanding of 2673169 and a Short% of Float of 4.6899999999999995.
