Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating 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
Altimmune Inc (NASDAQ: ALT) closed the day trading at $7.76 down -5.94% from the previous closing price of $8.25. In other words, the price has decreased by -$5.94 from its previous closing price. On the day, 2.88 million shares were traded. ALT stock price reached its highest trading level at $8.25 during the session, while it also had its lowest trading level at $7.69.
Ratios:
For a better understanding of ALT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 16.87 and its Current Ratio is at 16.87. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, UBS on November 12, 2024, initiated with a Buy rating and assigned the stock a target price of $26.
On January 24, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $13.Goldman initiated its Neutral rating on January 24, 2024, with a $13 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 551926912 and an Enterprise Value of 449171168. For the stock, the TTM Price-to-Sale (P/S) ratio is 11133.04 while its Price-to-Book (P/B) ratio in mrq is 4.14. Its current Enterprise Value per Revenue stands at 8637.907 whereas that against EBITDA is -4.528.
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 $5.28. The 50-Day Moving Average of the stock is -1.89%, while the 200-Day Moving Average is calculated to be 4.67%.
Shares Statistics:
Over the past 3-months, ALT traded about 3.08M shares per day on average, while over the past 10 days, ALT traded about 3230480 shares per day. A total of 71.12M shares are outstanding, with a floating share count of 70.53M. Insiders hold about 0.83% of the company’s shares, while institutions hold 55.99% stake in the company. Shares short for ALT as of 1732838400 were 23434782 with a Short Ratio of 7.62, compared to 1730332800 on 22936698. Therefore, it implies a Short% of Shares Outstanding of 23434782 and a Short% of Float of 33.040002.
