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 Revolution Medicines Inc (NASDAQ: RVMD) closed at $45.15 in the last session, down -1.68% from day before closing price of $45.92. In other words, the price has decreased by -$1.68 from its previous closing price. On the day, 1.25 million shares were traded. RVMD stock price reached its highest trading level at $46.27 during the session, while it also had its lowest trading level at $44.76.
Ratios:
We take a closer look at RVMD’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 18.45 and its Current Ratio is at 18.45. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.05.
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 this company, Needham on July 16, 2024, Reiterated its Buy rating but revised its target price to $62 from $46 previously.
On July 12, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $52.
On July 08, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $63.Jefferies initiated its Buy rating on July 08, 2024, with a $63 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 Jul 15 ’24 when Kelsey Stephen Michael sold 16,667 shares for $46.47 per share. The transaction valued at 774,516 led to the insider holds 269,073 shares of the business.
GOLDSMITH MARK A sold 25,000 shares of RVMD for $1,126,205 on Jul 12 ’24. The insider now owns 311,885 shares after completing the transaction at $45.05 per share. On Jul 12 ’24, another insider, GOLDSMITH MARK A, who serves as the insider of the company, sold 10,000 shares for $45.01 each. As a result, the insider received 450,117 and left with 25,424 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, RVMD now has a Market Capitalization of 7449118208 and an Enterprise Value of 5833616896. For the stock, the TTM Price-to-Sale (P/S) ratio is 1630.04 while its Price-to-Book (P/B) ratio in mrq is 4.32. Its current Enterprise Value per Revenue stands at 1277.621 whereas that against EBITDA is -11.175.
Stock Price History:
Over the past 52 weeks, RVMD has reached a high of $48.61, while it has fallen to a 52-week low of $15.44. The 50-Day Moving Average of the stock is 10.46%, while the 200-Day Moving Average is calculated to be 41.63%.
Shares Statistics:
According to the various share statistics, RVMD traded on average about 1.53M shares per day over the past 3-months and 1502720 shares per day over the past 10 days. A total of 164.67M shares are outstanding, with a floating share count of 137.27M. Insiders hold about 16.80% of the company’s shares, while institutions hold 82.75% stake in the company. Shares short for RVMD as of 1721001600 were 15763495 with a Short Ratio of 10.31, compared to 1718323200 on 15521355. Therefore, it implies a Short% of Shares Outstanding of 15763495 and a Short% of Float of 10.190000000000001.
