Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of 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
After finishing at $1.59 in the prior trading day, Nuwellis Inc (NASDAQ: NUWE) closed at $1.39, down -12.58%. In other words, the price has decreased by -$12.58 from its previous closing price. On the day, 1.13 million shares were traded. NUWE stock price reached its highest trading level at $1.68 during the session, while it also had its lowest trading level at $1.35.
Ratios:
Our goal is to gain a better understanding of NUWE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.71 and its Current Ratio is at 1.20.
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, ROTH MKM on July 29, 2024, initiated with a Buy rating and assigned the stock a target price of $17.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NUWE now has a Market Capitalization of 2594977 and an Enterprise Value of 1556119. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17. Its current Enterprise Value per Revenue stands at 0.173 whereas that against EBITDA is -0.115.
Stock Price History:
Over the past 52 weeks, NUWE has reached a high of $43.75, while it has fallen to a 52-week low of $1.00. The 50-Day Moving Average of the stock is -14.60%, while the 200-Day Moving Average is calculated to be -85.31%.
Shares Statistics:
The stock has traded on average 692.07K shares per day over the past 3-months and 2020030 shares per day over the last 10 days, according to various share statistics. A total of 1.12M shares are outstanding, with a floating share count of 1.12M. Insiders hold about 0.01% of the company’s shares, while institutions hold 3.74% stake in the company. Shares short for NUWE as of 1727654400 were 177040 with a Short Ratio of 0.26, compared to 1724976000 on 106222. Therefore, it implies a Short% of Shares Outstanding of 177040 and a Short% of Float of 9.4799995.
