The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
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, Altimmune Inc (NASDAQ: ALT) closed at $7.20 down -7.57% from its previous closing price of $7.79. In other words, the price has decreased by -$7.57 from its previous closing price. On the day, 2.17 million shares were traded. ALT stock price reached its highest trading level at $7.8 during the session, while it also had its lowest trading level at $7.19.
Ratios:
For a deeper understanding of Altimmune Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 11.30 and its Current Ratio is at 11.30. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
On January 24, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $13.
Goldman Downgraded its Buy to Neutral on March 22, 2023, whereas the target price for the stock was revised from $20 to $6.
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 19 ’24 when Drutz David sold 16,011 shares for $6.90 per share. The transaction valued at 110,547 led to the insider holds 41,958 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALT now has a Market Capitalization of 511711200 and an Enterprise Value of 348664832. For the stock, the TTM Price-to-Sale (P/S) ratio is 1248.06 while its Price-to-Book (P/B) ratio in mrq is 3.35. Its current Enterprise Value per Revenue stands at 852.481 whereas that against EBITDA is -3.599.
Stock Price History:
Over the past 52 weeks, ALT has reached a high of $14.84, while it has fallen to a 52-week low of $2.09. The 50-Day Moving Average of the stock is 6.91%, while the 200-Day Moving Average is calculated to be -11.24%.
Shares Statistics:
For the past three months, ALT has traded an average of 3.31M shares per day and 2927960 over the past ten days. A total of 70.68M shares are outstanding, with a floating share count of 70.48M. Insiders hold about 0.83% of the company’s shares, while institutions hold 60.19% stake in the company. Shares short for ALT as of 1724976000 were 22002654 with a Short Ratio of 6.64, compared to 1722384000 on 22243135. Therefore, it implies a Short% of Shares Outstanding of 22002654 and a Short% of Float of 31.04.
