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
As of close of business last night, Nuvve Holding Corp’s stock clocked out at $5.04, up 18.87% from its previous closing price of $4.24. In other words, the price has increased by $18.87 from its previous closing price. On the day, 14.08 million shares were traded. NVVE stock price reached its highest trading level at $7.6 during the session, while it also had its lowest trading level at $4.5501.
Ratios:
To gain a deeper understanding of NVVE’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.44 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 1.58 whereas as Long-Term Debt/Eq ratio is at 1.33.
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, Chardan Capital Markets on December 21, 2021, initiated with a Buy rating and assigned the stock a target price of $24.
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 Feb 02 ’24 when Poilasne Gregory bought 25,000 shares for $2.00 per share. The transaction valued at 50,000 led to the insider holds 90,608 shares of the business.
Robson David bought 357,000 shares of NVVE for $49,980 on Oct 20 ’23. The Chief Financial Officer now owns 1,025,958 shares after completing the transaction at $0.14 per share. On Oct 20 ’23, another insider, Poilasne Gregory, who serves as the Chief Executive Officer of the company, bought 714,000 shares for $0.14 each. As a result, the insider paid 99,960 and bolstered with 2,624,314 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, NVVE now has a Market Capitalization of 3289718 and an Enterprise Value of 6568475. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 0.99. Its current Enterprise Value per Revenue stands at 1.106 whereas that against EBITDA is -0.23.
Stock Price History:
Over the past 52 weeks, NVVE has reached a high of $181.16, while it has fallen to a 52-week low of $3.51. The 50-Day Moving Average of the stock is -8.11%, while the 200-Day Moving Average is calculated to be -68.73%.
Shares Statistics:
It appears that NVVE traded 46.32K shares on average per day over the past three months and 1472481 shares per day over the past ten days. A total of 4.99M shares are outstanding, with a floating share count of 0.59M. Insiders hold about 9.59% of the company’s shares, while institutions hold 28.30% stake in the company. Shares short for NVVE as of 1724976000 were 11373 with a Short Ratio of 0.25, compared to 1722384000 on 34951. Therefore, it implies a Short% of Shares Outstanding of 11373 and a Short% of Float of 2.1399999999999997.
