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
The price of CryoPort Inc (NASDAQ: CYRX) closed at $6.65 in the last session, up 1.37% from day before closing price of $6.56. In other words, the price has increased by $1.37 from its previous closing price. On the day, 1.64 million shares were traded. CYRX stock price reached its highest trading level at $7.03 during the session, while it also had its lowest trading level at $6.55.
Ratios:
We take a closer look at CYRX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 5.32 and its Current Ratio is at 5.70. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.51.
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, Jefferies on August 07, 2024, Downgraded its rating to Hold and sets its target price to $8 from $20 previously.
On July 31, 2024, B. Riley Securities Upgraded its rating to Buy which previously was Neutral and also lowered its target price recommendation from $19 to $15.
B. Riley Securities Downgraded its Buy to Neutral on May 03, 2024, whereas the target price for the stock was revised from $22 to $19.
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 Nov 21 ’24 when SHELTON JERRELL sold 50,000 shares for $6.51 per share. The transaction valued at 325,275 led to the insider holds 731,897 shares of the business.
SHELTON JERRELL sold 22,817 shares of CYRX for $147,612 on Nov 22 ’24. The President, CEO now owns 735,942 shares after completing the transaction at $6.47 per share. On Nov 22 ’24, another insider, JERRELL W SHELTON, who serves as the Director of the company, bought 22,817 shares for $6.52 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CYRX now has a Market Capitalization of 328713504 and an Enterprise Value of 317239616. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.46 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 1.403 whereas that against EBITDA is -8.055.
Stock Price History:
Over the past 52 weeks, CYRX has reached a high of $20.10, while it has fallen to a 52-week low of $5.32. The 50-Day Moving Average of the stock is -10.96%, while the 200-Day Moving Average is calculated to be -39.73%.
Shares Statistics:
According to the various share statistics, CYRX traded on average about 425.39K shares per day over the past 3-months and 505560 shares per day over the past 10 days. A total of 48.97M shares are outstanding, with a floating share count of 47.66M. Insiders hold about 3.59% of the company’s shares, while institutions hold 95.50% stake in the company. Shares short for CYRX as of 1730332800 were 2908718 with a Short Ratio of 6.84, compared to 1727654400 on 2632921. Therefore, it implies a Short% of Shares Outstanding of 2908718 and a Short% of Float of 7.08.