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 Volcon Inc (NASDAQ: VLCN) closed at $4.51 in the last session, up 2.97% from day before closing price of $4.38. In other words, the price has increased by $2.97 from its previous closing price. On the day, 65340.0 shares were traded. VLCN stock price reached its highest trading level at $4.79 during the session, while it also had its lowest trading level at $4.4043.
Ratios:
We take a closer look at VLCN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.61 and its Current Ratio is at 2.07. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.09.
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 30 ’24 when SABBY MANAGEMENT, LLC bought 10,000 shares for $1.42 per share. The transaction valued at 14,156 led to the insider holds 774,569 shares of the business.
SABBY MANAGEMENT, LLC bought 21,998 shares of VLCN for $32,907 on Aug 28 ’24. The 10% Owner now owns 761,505 shares after completing the transaction at $1.50 per share. On Aug 29 ’24, another insider, SABBY MANAGEMENT, LLC, who serves as the 10% Owner of the company, bought 3,064 shares for $1.45 each. As a result, the insider paid 4,443 and bolstered with 764,569 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, VLCN now has a Market Capitalization of 2529668 and an Enterprise Value of -2360802. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at -0.571 whereas that against EBITDA is 0.075.
Stock Price History:
Over the past 52 weeks, VLCN has reached a high of $7941.60, while it has fallen to a 52-week low of $3.49. The 50-Day Moving Average of the stock is -32.53%, while the 200-Day Moving Average is calculated to be -97.39%.
Shares Statistics:
According to the various share statistics, VLCN traded on average about 45.34K shares per day over the past 3-months and 99680 shares per day over the past 10 days. Insiders hold about 0.00% of the company’s shares, while institutions hold 12.52% stake in the company. Shares short for VLCN as of 1731628800 were 74682 with a Short Ratio of 1.65, compared to 1728950400 on 58360. Therefore, it implies a Short% of Shares Outstanding of 74682 and a Short% of Float of 13.319999.
