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 the latest session, Plains All American Pipeline LP (NASDAQ: PAA) closed at $16.89 up 0.18% from its previous closing price of $16.86. In other words, the price has increased by $0.18 from its previous closing price. On the day, 1.12 million shares were traded. PAA stock price reached its highest trading level at $16.94 during the session, while it also had its lowest trading level at $16.78.
Ratios:
For a deeper understanding of Plains All American Pipeline LP’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 35.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.55. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 0.97. In the meantime, Its Debt-to-Equity ratio is 0.79 whereas as Long-Term Debt/Eq ratio is at 0.73.
Barclays Downgraded its Equal Weight to Underweight on September 25, 2023, while the target price for the stock was maintained at $15.
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 Nov 21 ’23 when Goebel Jeremy L. sold 35,000 shares for $15.58 per share. The transaction valued at 545,321 led to the insider holds 279,223 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PAA now has a Market Capitalization of 11841088512 and an Enterprise Value of 25182089216. As of this moment, Plains’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.45, and their Forward P/E ratio for the next fiscal year is 11.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 1.47. Its current Enterprise Value per Revenue stands at 0.521 whereas that against EBITDA is 10.257.
Stock Price History:
Over the past 52 weeks, PAA has reached a high of $19.03, while it has fallen to a 52-week low of $13.03. The 50-Day Moving Average of the stock is -3.78%, while the 200-Day Moving Average is calculated to be 5.08%.
Shares Statistics:
For the past three months, PAA has traded an average of 3.19M shares per day and 1923660 over the past ten days. A total of 701.01M shares are outstanding, with a floating share count of 456.16M. Insiders hold about 34.93% of the company’s shares, while institutions hold 41.04% stake in the company. Shares short for PAA as of 1715731200 were 13759708 with a Short Ratio of 4.31, compared to 1713139200 on 10824158. Therefore, it implies a Short% of Shares Outstanding of 13759708 and a Short% of Float of 2.98.
Dividends & Splits
According to the company, the forward annual dividend rate for PAA is 1.17, from 1.17 in the trailing year. Against a Trailing Annual Dividend Yield of 0.06939501The stock’s 5-year Average Dividend Yield is 8.53.
