Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting 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
As of close of business last night, Pliant Therapeutics Inc’s stock clocked out at $15.12, up 8.00% from its previous closing price of $14.00. In other words, the price has increased by $8.00 from its previous closing price. On the day, 0.62 million shares were traded. PLRX stock price reached its highest trading level at $15.25 during the session, while it also had its lowest trading level at $13.915.
Ratios:
To gain a deeper understanding of PLRX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 14.47 and its Current Ratio is at 14.47. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.15.
On December 08, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $41.
On May 18, 2023, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $48.Canaccord Genuity initiated its Buy rating on May 18, 2023, with a $48 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jul 10 ’24 when Lefebvre Eric sold 12,319 shares for $11.56 per share. The transaction valued at 142,408 led to the insider holds 213,052 shares of the business.
Hull Hans sold 9,900 shares of PLRX for $114,444 on Jul 10 ’24. The Chief Business Officer now owns 227,494 shares after completing the transaction at $11.56 per share. On Jul 10 ’24, another insider, Cummings Keith Lamont, who serves as the Chief Financial Officer of the company, sold 10,911 shares for $11.56 each. As a result, the insider received 126,131 and left with 282,115 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, PLRX now has a Market Capitalization of 919317184 and an Enterprise Value of 542936576.
Stock Price History:
Over the past 52 weeks, PLRX has reached a high of $19.62, while it has fallen to a 52-week low of $10.22. The 50-Day Moving Average of the stock is 21.85%, while the 200-Day Moving Average is calculated to be 9.36%.
Shares Statistics:
It appears that PLRX traded 425.00K shares on average per day over the past three months and 440820 shares per day over the past ten days. A total of 59.92M shares are outstanding, with a floating share count of 53.70M. Insiders hold about 11.68% of the company’s shares, while institutions hold 101.88% stake in the company. Shares short for PLRX as of 1727654400 were 6767543 with a Short Ratio of 15.92, compared to 1724976000 on 7331468. Therefore, it implies a Short% of Shares Outstanding of 6767543 and a Short% of Float of 11.37.
