The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
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 closing price of PLAYSTUDIOS Inc (NASDAQ: MYPS) was $1.50 for the day, down -8.54% from the previous closing price of $1.64. In other words, the price has decreased by -$8.54 from its previous closing price. On the day, 0.51 million shares were traded. MYPS stock price reached its highest trading level at $1.66 during the session, while it also had its lowest trading level at $1.48.
Ratios:
Our analysis of MYPS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.60. For the most recent quarter (mrq), Quick Ratio is recorded 4.14 and its Current Ratio is at 4.14. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 16 ’24 when Peterson Scott Edward sold 25,000 shares for $1.58 per share. The transaction valued at 39,500 led to the insider holds 608,998 shares of the business.
Peterson Scott Edward bought 25,000 shares of MYPS for $39,437 on Sep 16 ’24. On Feb 22 ’24, another insider, MICROSOFT CORP, who serves as the 10% Owner of the company, sold 1,000,000 shares for $1.95 each. As a result, the insider received 1,950,000 and left with 11,677,398 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, MYPS now has a Market Capitalization of 204444000 and an Enterprise Value of 91831024. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 0.71. Its current Enterprise Value per Revenue stands at 0.303 whereas that against EBITDA is 2.355.
Stock Price History:
Over the past 52 weeks, MYPS has reached a high of $3.41, while it has fallen to a 52-week low of $1.43. The 50-Day Moving Average of the stock is -15.00%, while the 200-Day Moving Average is calculated to be -32.39%.
Shares Statistics:
MYPS traded an average of 240.86K shares per day over the past three months and 349700 shares per day over the past ten days. A total of 118.20M shares are outstanding, with a floating share count of 87.79M. Insiders hold about 29.58% of the company’s shares, while institutions hold 33.04% stake in the company. Shares short for MYPS as of 1724976000 were 542572 with a Short Ratio of 2.25, compared to 1722384000 on 651126. Therefore, it implies a Short% of Shares Outstanding of 542572 and a Short% of Float of 0.64999997.
