The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing 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 Rush Street Interactive Inc (NYSE: RSI) closed at $13.62 in the last session, up 0.96% from day before closing price of $13.49. In other words, the price has increased by $0.96 from its previous closing price. On the day, 0.97 million shares were traded. RSI stock price reached its highest trading level at $13.635 during the session, while it also had its lowest trading level at $13.36.
Ratios:
We take a closer look at RSI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.63. For the most recent quarter (mrq), Quick Ratio is recorded 1.71 and its Current Ratio is at 1.71. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.20.
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 May 17, 2024, Reiterated its Buy rating but revised its target price to $10 from $9 previously.
On April 19, 2024, Craig Hallum Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $7 to $8.
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 Dec 10 ’24 when SCHWARTZ RICHARD TODD sold 148,649 shares for $13.57 per share. The transaction valued at 2,016,706 led to the insider holds 1,613,578 shares of the business.
SCHWARTZ RICHARD TODD sold 45,256 shares of RSI for $611,277 on Dec 09 ’24. The Chief Executive Officer now owns 1,762,227 shares after completing the transaction at $13.51 per share. On Dec 09 ’24, another insider, SCHWARTZ RICHARD TODD, who serves as the Officer of the company, bought 193,905 shares for $11.51 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RSI now has a Market Capitalization of 3073979392. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.59 while its Price-to-Book (P/B) ratio in mrq is 16.32.
Stock Price History:
Over the past 52 weeks, RSI has reached a high of $14.92, while it has fallen to a 52-week low of $3.56. The 50-Day Moving Average of the stock is 10.71%, while the 200-Day Moving Average is calculated to be 41.47%.
Shares Statistics:
According to the various share statistics, RSI traded on average about 1.93M shares per day over the past 3-months and 1544610 shares per day over the past 10 days. A total of 83.58M shares are outstanding, with a floating share count of 82.30M. Insiders hold about 7.11% of the company’s shares, while institutions hold 74.91% stake in the company. Shares short for RSI as of 1732838400 were 5847912 with a Short Ratio of 3.05, compared to 1730332800 on 5091679. Therefore, it implies a Short% of Shares Outstanding of 5847912 and a Short% of Float of 6.9299996.