Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
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, Sphere 3D Corp (NASDAQ: ANY) closed at $1.03 up 0.98% from its previous closing price of $1.02. In other words, the price has increased by $0.98 from its previous closing price. On the day, 0.7 million shares were traded. ANY stock price reached its highest trading level at $1.07 during the session, while it also had its lowest trading level at $1.0.
Ratios:
For a deeper understanding of Sphere 3D Corp’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 1.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.33. For the most recent quarter (mrq), Quick Ratio is recorded 4.39 and its Current Ratio is at 4.39. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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, Ladenburg Thalmann on January 19, 2016, initiated with a Buy rating and assigned the stock a target price of $3.
On June 24, 2015, ROTH Capital started tracking the stock assigning a Buy rating and target price of $8.
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 29 ’24 when Kalbfleisch Kurt L. sold 11,000 shares for $0.95 per share. The transaction valued at 10,450 led to the insider holds 136,515 shares of the business.
KURT LE ROY KALBFLEISCH bought 11,000 shares of ANY for $10,450 on Aug 29 ’24. On Jun 12 ’24, another insider, Trompeter Patricia, who serves as the CEO of the company, sold 120,000 shares for $1.20 each. As a result, the insider received 143,760 and left with 429,687 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, ANY now has a Market Capitalization of 21365496 and an Enterprise Value of 14216501. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84 while its Price-to-Book (P/B) ratio in mrq is 0.63. Its current Enterprise Value per Revenue stands at 0.568 whereas that against EBITDA is -1.779.
Stock Price History:
Over the past 52 weeks, ANY has reached a high of $4.09, while it has fallen to a 52-week low of $0.57. The 50-Day Moving Average of the stock is 11.12%, while the 200-Day Moving Average is calculated to be -17.19%.
Shares Statistics:
For the past three months, ANY has traded an average of 396.52K shares per day and 777290 over the past ten days. A total of 20.74M shares are outstanding, with a floating share count of 19.62M. Insiders hold about 5.42% of the company’s shares, while institutions hold 4.41% stake in the company. Shares short for ANY as of 1728950400 were 259336 with a Short Ratio of 0.65, compared to 1726185600 on 413878. Therefore, it implies a Short% of Shares Outstanding of 259336 and a Short% of Float of 1.27.