Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting 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
The price of Alphatec Holdings Inc (NASDAQ: ATEC) closed at $9.13 in the last session, down -1.62% from day before closing price of $9.28. In other words, the price has decreased by -$1.62 from its previous closing price. On the day, 2.26 million shares were traded. ATEC stock price reached its highest trading level at $9.35 during the session, while it also had its lowest trading level at $9.08.
Ratios:
We take a closer look at ATEC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 2.32. In the meantime, Its Debt-to-Equity ratio is 25.35 whereas as Long-Term Debt/Eq ratio is at 24.96.
On July 08, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $19.
On February 09, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $26.Wells Fargo initiated its Overweight rating on February 09, 2024, with a $26 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 23 ’24 when Bakst Evan bought 35,000 shares for $5.76 per share. The transaction valued at 201,600 led to the insider holds 50,000 shares of the business.
Pelizzon David R bought 16,978 shares of ATEC for $100,000 on Aug 23 ’24. The Director now owns 331,696 shares after completing the transaction at $5.89 per share. On Aug 22 ’24, another insider, Pelizzon David R, who serves as the Director of the company, bought 8,818 shares for $5.67 each. As a result, the insider paid 49,998 and bolstered with 314,718 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, ATEC now has a Market Capitalization of 1294341888 and an Enterprise Value of 1800821632. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.26. Its current Enterprise Value per Revenue stands at 3.144 whereas that against EBITDA is -28.765.
Stock Price History:
Over the past 52 weeks, ATEC has reached a high of $17.34, while it has fallen to a 52-week low of $4.88. The 50-Day Moving Average of the stock is 46.78%, while the 200-Day Moving Average is calculated to be -10.08%.
Shares Statistics:
According to the various share statistics, ATEC traded on average about 2.37M shares per day over the past 3-months and 4051280 shares per day over the past 10 days. A total of 139.25M shares are outstanding, with a floating share count of 99.50M. Insiders hold about 29.81% of the company’s shares, while institutions hold 64.65% stake in the company. Shares short for ATEC as of 1730332800 were 11811046 with a Short Ratio of 4.99, compared to 1727654400 on 12458554. Therefore, it implies a Short% of Shares Outstanding of 11811046 and a Short% of Float of 10.299999999999999.
