Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
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 iQIYI Inc ADR (NASDAQ: IQ) closed at $2.35 in the last session, down -4.86% from day before closing price of $2.47. In other words, the price has decreased by -$4.86 from its previous closing price. On the day, 25.33 million shares were traded. IQ stock price reached its highest trading level at $2.4 during the session, while it also had its lowest trading level at $2.29.
Ratios:
We take a closer look at IQ’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.45 and its Current Ratio is at 0.45. In the meantime, Its Debt-to-Equity ratio is 1.03 whereas as Long-Term Debt/Eq ratio is at 0.69.
HSBC Securities Downgraded its Hold to Reduce on July 23, 2024, whereas the target price for the stock was revised from $4.70 to $3.
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 25 ’24 when Wang Xiaohui bought 35,000 shares for $1.95 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IQ now has a Market Capitalization of 2370374400 and an Enterprise Value of 22699096064. As of this moment, iQIYI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.59, and their Forward P/E ratio for the next fiscal year is 9.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 0.66. Its current Enterprise Value per Revenue stands at 0.73 whereas that against EBITDA is 2.22.
Stock Price History:
Over the past 52 weeks, IQ has reached a high of $5.80, while it has fallen to a 52-week low of $1.89. The 50-Day Moving Average of the stock is -3.63%, while the 200-Day Moving Average is calculated to be -31.13%.
Shares Statistics:
According to the various share statistics, IQ traded on average about 21.46M shares per day over the past 3-months and 30585820 shares per day over the past 10 days. A total of 525.22M shares are outstanding, with a floating share count of 524.22M. Insiders hold about 0.19% of the company’s shares, while institutions hold 55.77% stake in the company. Shares short for IQ as of 1730332800 were 55770296 with a Short Ratio of 2.44, compared to 1727654400 on 59933140. Therefore, it implies a Short% of Shares Outstanding of 55770296 and a Short% of Float of 10.86.
