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, UWM Holdings Corporation’s stock clocked out at $6.02, down -0.82% from its previous closing price of $6.07. In other words, the price has decreased by -$0.82 from its previous closing price. On the day, 1.89 million shares were traded. UWMC stock price reached its highest trading level at $6.21 during the session, while it also had its lowest trading level at $6.0.
Ratios:
To gain a deeper understanding of UWMC’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 101.47 whereas as Long-Term Debt/Eq ratio is at 51.17.
On October 08, 2024, Barclays Upgraded its rating to Equal Weight which previously was Underweight and also upped its target price recommendation from $6 to $8.
Keefe Bruyette Upgraded its Underperform to Mkt Perform on April 09, 2024, while the target price for the stock was maintained at $6.
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 16 ’24 when Mat Ishbia sold 1,200,000 shares for $8.45 per share. The transaction valued at 10,140,000 led to the insider holds 0 shares of the business.
Mat Ishbia sold 10,842,012 shares of UWMC for $91,615,001 on Sep 13 ’24. The President and CEO now owns 0 shares after completing the transaction at $8.45 per share. On Aug 30 ’24, another insider, Mat Ishbia, who serves as the President and CEO of the company, sold 5,000,000 shares for $9.11 each. As a result, the insider received 45,550,000 and left with 0 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, UWMC now has a Market Capitalization of 9868585984 and an Enterprise Value of 14552962048. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.66 while its Price-to-Book (P/B) ratio in mrq is 5.71. Its current Enterprise Value per Revenue stands at 5.336 whereas that against EBITDA is 48.479.
Stock Price History:
Over the past 52 weeks, UWMC has reached a high of $9.74, while it has fallen to a 52-week low of $5.42. The 50-Day Moving Average of the stock is -16.70%, while the 200-Day Moving Average is calculated to be -18.04%.
Shares Statistics:
It appears that UWMC traded 2.85M shares on average per day over the past three months and 3842120 shares per day over the past ten days. A total of 93.65M shares are outstanding, with a floating share count of 68.97M. Insiders hold about 27.87% of the company’s shares, while institutions hold 71.44% stake in the company. Shares short for UWMC as of 1730332800 were 11925415 with a Short Ratio of 4.18, compared to 1727654400 on 14800381. Therefore, it implies a Short% of Shares Outstanding of 11925415 and a Short% of Float of 7.59.
Dividends & Splits
With its trailing 12-month dividend rate of 0.4, UWMC has a forward annual dividend rate of 0.40. Against a Trailing Annual Dividend Yield of 0.06589786