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
In the latest session, Elevai Labs Inc (NASDAQ: ELAB) closed at $0.02 up 5.59% from its previous closing price of $0.02. In other words, the price has increased by $5.59 from its previous closing price. On the day, 422.55 million shares were traded. ELAB stock price reached its highest trading level at $0.0208 during the session, while it also had its lowest trading level at $0.0184.
Ratios:
For a deeper understanding of Elevai Labs Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.54 and its Current Ratio is at 1.05. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ELAB now has a Market Capitalization of 933206 and an Enterprise Value of 421659. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.40 while its Price-to-Book (P/B) ratio in mrq is 0.14. Its current Enterprise Value per Revenue stands at 0.17 whereas that against EBITDA is -0.088.
Stock Price History:
Over the past 52 weeks, ELAB has reached a high of $4.24, while it has fallen to a 52-week low of $0.02. The 50-Day Moving Average of the stock is -87.33%, while the 200-Day Moving Average is calculated to be -96.11%.
Shares Statistics:
For the past three months, ELAB has traded an average of 48.39M shares per day and 211739450 over the past ten days. A total of 17.33M shares are outstanding, with a floating share count of 16.58M. Insiders hold about 20.30% of the company’s shares, while institutions hold 22.76% stake in the company. Shares short for ELAB as of 1728950400 were 1869615 with a Short Ratio of 0.04, compared to 1726185600 on 658983. Therefore, it implies a Short% of Shares Outstanding of 1869615 and a Short% of Float of 4.42.