Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify 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
In other words, the price has increased by $0.00 from its previous closing price. On the day, 50908.0 shares were traded. DRIO stock price reached its highest trading level at $0.85 during the session, while it also had its lowest trading level at $0.8.
Ratios:
For a deeper understanding of DarioHealth Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.96 and its Current Ratio is at 2.26. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.36.
On April 22, 2021, Cowen started tracking the stock assigning a Outperform rating and target price of $31.
On March 23, 2021, Stifel started tracking the stock assigning a Buy rating and target price of $30.Stifel initiated its Buy rating on March 23, 2021, with a $30 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 27 ’24 when Raphael Erez bought 5,000 shares for $0.88 per share. The transaction valued at 4,400 led to the insider holds 1,937,059 shares of the business.
Nelson Steven Charles bought 5,000 shares of DRIO for $4,750 on Aug 23 ’24. The Chief Commercial Officer now owns 25,000 shares after completing the transaction at $0.95 per share. On Aug 22 ’24, another insider, Nelson Steven Charles, who serves as the Chief Commercial Officer of the company, bought 5,000 shares for $0.94 each. As a result, the insider paid 4,725 and bolstered with 20,000 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, DRIO now has a Market Capitalization of 24322924 and an Enterprise Value of 32017906. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.27 while its Price-to-Book (P/B) ratio in mrq is 0.36. Its current Enterprise Value per Revenue stands at 1.672 whereas that against EBITDA is -0.552.
Stock Price History:
Over the past 52 weeks, DRIO has reached a high of $3.49, while it has fallen to a 52-week low of $0.68. The 50-Day Moving Average of the stock is -25.10%, while the 200-Day Moving Average is calculated to be -45.85%.
Shares Statistics:
For the past three months, DRIO has traded an average of 87.12K shares per day and 63200 over the past ten days. A total of 27.19M shares are outstanding, with a floating share count of 24.68M. Insiders hold about 17.81% of the company’s shares, while institutions hold 27.28% stake in the company. Shares short for DRIO as of 1723680000 were 1620594 with a Short Ratio of 18.60, compared to 1721001600 on 1615228. Therefore, it implies a Short% of Shares Outstanding of 1620594 and a Short% of Float of 6.0399998.
