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
The closing price of Algorhythm Holdings Inc (NASDAQ: RIME) was $0.25 for the day, down -0.36% from the previous closing price of $0.25. In other words, the price has decreased by -$0.36 from its previous closing price. On the day, 0.55 million shares were traded. RIME stock price reached its highest trading level at $0.275 during the session, while it also had its lowest trading level at $0.2291.
Ratios:
Our analysis of RIME’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.67. For the most recent quarter (mrq), Quick Ratio is recorded 0.43 and its Current Ratio is at 0.87. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.13.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 07 ’24 when AULT MILTON C III sold 365,100 shares for $0.73 per share. The transaction valued at 267,253 led to the insider holds 945,000 shares of the business.
AULT MILTON C III sold 46,900 shares of RIME for $22,174 on Oct 04 ’24. The Former 10% Owner now owns 1,310,000 shares after completing the transaction at $0.47 per share. On Oct 02 ’24, another insider, AULT MILTON C III, who serves as the 10% Owner of the company, sold 4,230 shares for $0.47 each. As a result, the insider received 1,982 and left with 1,360,000 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, RIME now has a Market Capitalization of 3583651 and an Enterprise Value of 5541818. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 0.147 whereas that against EBITDA is -0.699.
Stock Price History:
Over the past 52 weeks, RIME has reached a high of $1.97, while it has fallen to a 52-week low of $0.21. The 50-Day Moving Average of the stock is -38.34%, while the 200-Day Moving Average is calculated to be -68.37%.
Shares Statistics:
RIME traded an average of 3.67M shares per day over the past three months and 859330 shares per day over the past ten days. A total of 9.74M shares are outstanding, with a floating share count of 5.39M. Insiders hold about 44.63% of the company’s shares, while institutions hold 2.63% stake in the company. Shares short for RIME as of 1730332800 were 229207 with a Short Ratio of 0.06, compared to 1727654400 on 47348. Therefore, it implies a Short% of Shares Outstanding of 229207 and a Short% of Float of 3.1600002000000003.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
