Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of 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, SpringWorks Therapeutics Inc’s stock clocked out at $30.49, down -1.55% from its previous closing price of $30.97. In other words, the price has decreased by -$1.55 from its previous closing price. On the day, 1.16 million shares were traded. SWTX stock price reached its highest trading level at $31.01 during the session, while it also had its lowest trading level at $30.28.
Ratios:
To gain a deeper understanding of SWTX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.77 and its Current Ratio is at 7.91. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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 this company, Guggenheim on February 05, 2024, initiated with a Buy rating and assigned the stock a target price of $75.
On December 01, 2022, BofA Securities started tracking the stock assigning a Buy rating and target price of $45.
H.C. Wainwright reiterated its Buy rating for the stock on January 19, 2021, while the target price for the stock was revised from $87 to $101.
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 Sep 03 ’24 when Islam Saqib sold 49,000 shares for $40.57 per share. The transaction valued at 1,988,033 led to the insider holds 1,063,368 shares of the business.
Edris Badreddin sold 20,000 shares of SWTX for $812,954 on Sep 03 ’24. The Chief Operating Officer now owns 229,600 shares after completing the transaction at $40.65 per share. On Sep 03 ’24, another insider, Badreddin Edris, who serves as the Officer of the company, bought 50,000 shares for $41.78 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SWTX now has a Market Capitalization of 2264583680 and an Enterprise Value of 1922259328. For the stock, the TTM Price-to-Sale (P/S) ratio is 26.27 while its Price-to-Book (P/B) ratio in mrq is 4.07. Its current Enterprise Value per Revenue stands at 22.304 whereas that against EBITDA is -6.031.
Stock Price History:
Over the past 52 weeks, SWTX has reached a high of $53.92, while it has fallen to a 52-week low of $18.00. The 50-Day Moving Average of the stock is -14.21%, while the 200-Day Moving Average is calculated to be -25.81%.
Shares Statistics:
It appears that SWTX traded 939.86K shares on average per day over the past three months and 998130 shares per day over the past ten days. A total of 73.49M shares are outstanding, with a floating share count of 66.98M. Insiders hold about 9.82% of the company’s shares, while institutions hold 99.13% stake in the company. Shares short for SWTX as of 1727654400 were 12179183 with a Short Ratio of 12.96, compared to 1724976000 on 12716476. Therefore, it implies a Short% of Shares Outstanding of 12179183 and a Short% of Float of 19.85.
