Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in 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
Kaixin Holdings (NASDAQ: KXIN) closed the day trading at $2.50 down -40.19% from the previous closing price of $4.18. In other words, the price has decreased by -$40.19 from its previous closing price. On the day, 4.43 million shares were traded. KXIN stock price reached its highest trading level at $4.2 during the session, while it also had its lowest trading level at $2.44.
Ratios:
For a better understanding of KXIN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.25 and its Current Ratio is at 0.26. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KXIN now has a Market Capitalization of 4123925 and an Enterprise Value of 6805467. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 2.32. Its current Enterprise Value per Revenue stands at 0.537 whereas that against EBITDA is -0.158.
Stock Price History:
Over the past 52 weeks, KXIN has reached a high of $148.87, while it has fallen to a 52-week low of $2.80. The 50-Day Moving Average of the stock is -66.13%, while the 200-Day Moving Average is calculated to be -72.12%.
Shares Statistics:
Over the past 3-months, KXIN traded about 1.35M shares per day on average, while over the past 10 days, KXIN traded about 5028750 shares per day. A total of 49.81M shares are outstanding, with a floating share count of 0.90M. Insiders hold about 8.30% of the company’s shares, while institutions hold 0.79% stake in the company. Shares short for KXIN as of 1730332800 were 73249 with a Short Ratio of 0.05, compared to 1727654400 on 12117. Therefore, it implies a Short% of Shares Outstanding of 73249 and a Short% of Float of 7.4499995.
