The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing 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
In the latest session, Despegar.com Corp (NYSE: DESP) closed at $12.38 down -2.67% from its previous closing price of $12.72. In other words, the price has decreased by -$2.67 from its previous closing price. On the day, 0.69 million shares were traded. DESP stock price reached its highest trading level at $12.68 during the session, while it also had its lowest trading level at $12.33.
Ratios:
For a deeper understanding of Despegar.com Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 0.83. In the meantime, Its Debt-to-Equity ratio is 0.88 whereas as Long-Term Debt/Eq ratio is at 0.28.
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 the company, Citigroup on April 29, 2024, Downgraded its rating to Neutral and sets its target price to $14.50 from $11.50 previously.
On March 07, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $11.
Morgan Stanley Upgraded its Equal-Weight to Overweight on August 11, 2023, whereas the target price for the stock was revised from $6.50 to $13.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DESP now has a Market Capitalization of 892030976 and an Enterprise Value of 1040120512. As of this moment, Despegar.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 61900.00, and their Forward P/E ratio for the next fiscal year is 12.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.11. Its current Enterprise Value per Revenue stands at 1.405 whereas that against EBITDA is 7.836.
Stock Price History:
Over the past 52 weeks, DESP has reached a high of $15.82, while it has fallen to a 52-week low of $6.09. The 50-Day Moving Average of the stock is 5.54%, while the 200-Day Moving Average is calculated to be 8.83%.
Shares Statistics:
For the past three months, DESP has traded an average of 1.11M shares per day and 691820 over the past ten days. A total of 66.65M shares are outstanding, with a floating share count of 44.48M. Insiders hold about 33.26% of the company’s shares, while institutions hold 84.69% stake in the company. Shares short for DESP as of 1724976000 were 6952954 with a Short Ratio of 5.78, compared to 1722384000 on 5839006. Therefore, it implies a Short% of Shares Outstanding of 6952954 and a Short% of Float of 9.7799994.