Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost 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
After finishing at $8.01 in the prior trading day, Intuitive Machines Inc (NASDAQ: LUNR) closed at $8.58, up 7.12%. In other words, the price has increased by $7.12 from its previous closing price. On the day, 13.8 million shares were traded. LUNR stock price reached its highest trading level at $8.7601 during the session, while it also had its lowest trading level at $7.925.
Ratios:
Our goal is to gain a better understanding of LUNR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 0.91.
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, B. Riley Securities on June 28, 2024, initiated with a Buy rating and assigned the stock a target price of $8.
On May 19, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $11.
On March 10, 2023, ROTH MKM started tracking the stock assigning a Buy rating and target price of $20.ROTH MKM initiated its Buy rating on March 10, 2023, with a $20 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 Oct 07 ’24 when Ghaffarian Kamal Seyed sold 125,991 shares for $7.43 per share. The transaction valued at 935,723 led to the insider holds 3,494,768 shares of the business.
Ghaffarian Kamal Seyed sold 33,080 shares of LUNR for $264,666 on Oct 08 ’24. The Director now owns 3,494,768 shares after completing the transaction at $8.00 per share. On Sep 23 ’24, another insider, Ghaffarian Kamal Seyed, who serves as the Director of the company, sold 1,007,928 shares for $8.31 each. As a result, the insider received 8,380,317 and left with 3,494,768 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, LUNR now has a Market Capitalization of 539887936 and an Enterprise Value of 734474048. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.42. Its current Enterprise Value per Revenue stands at 4.655 whereas that against EBITDA is -12.22.
Stock Price History:
Over the past 52 weeks, LUNR has reached a high of $13.25, while it has fallen to a 52-week low of $2.09. The 50-Day Moving Average of the stock is 32.21%, while the 200-Day Moving Average is calculated to be 65.64%.
Shares Statistics:
The stock has traded on average 14.64M shares per day over the past 3-months and 9839300 shares per day over the last 10 days, according to various share statistics. A total of 62.92M shares are outstanding, with a floating share count of 54.95M. Insiders hold about 12.67% of the company’s shares, while institutions hold 30.34% stake in the company. Shares short for LUNR as of 1727654400 were 15243489 with a Short Ratio of 1.04, compared to 1724976000 on 13423090. Therefore, it implies a Short% of Shares Outstanding of 15243489 and a Short% of Float of 28.54.
