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
In the latest session, Twist Bioscience Corp (NASDAQ: TWST) closed at $42.97 down -19.00% from its previous closing price of $53.05. In other words, the price has decreased by -$19.00 from its previous closing price. On the day, 3.73 million shares were traded. TWST stock price reached its highest trading level at $49.27 during the session, while it also had its lowest trading level at $42.31.
Ratios:
For a deeper understanding of Twist Bioscience Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.52 and its Current Ratio is at 4.91. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.15.
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, Guggenheim on June 04, 2024, initiated with a Buy rating and assigned the stock a target price of $53.
On January 17, 2024, Goldman Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $25 to $45.
On September 27, 2023, Berenberg started tracking the stock assigning a Buy rating and target price of $27.Berenberg initiated its Buy rating on September 27, 2023, with a $27 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 01 ’24 when Banyai William bought 18,777 shares for $55.34 per share.
Finn Patrick John sold 2,207 shares of TWST for $124,971 on Jul 23 ’24. The President and COO now owns 171,212 shares after completing the transaction at $56.62 per share. On Jul 09 ’24, another insider, Laponis Adam, who serves as the Chief Financial Officer of the company, sold 842 shares for $48.91 each. As a result, the insider received 41,185 and left with 73,602 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, TWST now has a Market Capitalization of 2501971200 and an Enterprise Value of 2315200768. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.48 while its Price-to-Book (P/B) ratio in mrq is 5.12. Its current Enterprise Value per Revenue stands at 7.843 whereas that against EBITDA is -14.778.
Stock Price History:
Over the past 52 weeks, TWST has reached a high of $60.90, while it has fallen to a 52-week low of $14.42. The 50-Day Moving Average of the stock is -14.60%, while the 200-Day Moving Average is calculated to be 18.06%.
Shares Statistics:
For the past three months, TWST has traded an average of 1.15M shares per day and 1253070 over the past ten days. A total of 57.56M shares are outstanding, with a floating share count of 55.73M. Insiders hold about 4.29% of the company’s shares, while institutions hold 113.82% stake in the company. Shares short for TWST as of 1721001600 were 9530323 with a Short Ratio of 8.27, compared to 1718323200 on 10847285. Therefore, it implies a Short% of Shares Outstanding of 9530323 and a Short% of Float of 21.270001.
