Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify 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 $0.35 in the prior trading day, Movano Inc (NASDAQ: MOVE) closed at $0.35, down -0.79%. In other words, the price has decreased by -$0.79 from its previous closing price. On the day, 0.69 million shares were traded. MOVE stock price reached its highest trading level at $0.36 during the session, while it also had its lowest trading level at $0.3401.
Ratios:
Our goal is to gain a better understanding of MOVE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.45 and its Current Ratio is at 0.68.
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 Nov 14 ’23 when FAIRBAIRN EMILY bought 295,000 shares for $0.85 per share. The transaction valued at 250,750 led to the insider holds 295,000 shares of the business.
Mastrototaro John bought 12,000 shares of MOVE for $10,200 on Nov 14 ’23. The Chief Executive Officer now owns 115,142 shares after completing the transaction at $0.85 per share. On Nov 14 ’23, another insider, Cogan Jeremy, who serves as the CFO of the company, bought 12,000 shares for $0.85 each. As a result, the insider paid 10,200 and bolstered with 735,649 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, MOVE now has a Market Capitalization of 34392784 and an Enterprise Value of 32699916. For the stock, the TTM Price-to-Sale (P/S) ratio is 40.46. Its current Enterprise Value per Revenue stands at 38.38 whereas that against EBITDA is -1.165.
Stock Price History:
The Beta on a monthly basis for MOVE is 0.14, which has changed by -0.7220472 over the last 52 weeks, in comparison to a change of 0.24841464 over the same period for the S&P500. Over the past 52 weeks, MOVE has reached a high of $1.40, while it has fallen to a 52-week low of $0.24. The 50-Day Moving Average of the stock is -3.60%, while the 200-Day Moving Average is calculated to be -37.76%.
Shares Statistics:
The stock has traded on average 235.82K shares per day over the past 3-months and 203890 shares per day over the last 10 days, according to various share statistics. A total of 98.27M shares are outstanding, with a floating share count of 68.03M. Insiders hold about 30.77% of the company’s shares, while institutions hold 13.99% stake in the company. Shares short for MOVE as of 1722384000 were 404074 with a Short Ratio of 1.71, compared to 1719532800 on 373222. Therefore, it implies a Short% of Shares Outstanding of 404074 and a Short% of Float of 0.44.
Earnings Estimates
At present, 1 analysts are actively evaluating the performance of Movano Inc (MOVE) in the stock market.The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.06 and low estimates of -$0.06.
Analysts are recommending an EPS of between -$0.31 and -$0.31 for the fiscal current year, implying an average EPS of -$0.31. EPS for the following year is -$0.2, with 1.0 analysts recommending between -$0.2 and -$0.2.
Revenue Estimates
For the next quarter, 1 analysts are estimating revenue of $500k. There is a high estimate of $500k for the next quarter, whereas the lowest estimate is $500k.
Based on 1 analysts’ estimates, the company’s revenue will be $15.5M in the next fiscal year. The high estimate is $15.5M and the low estimate is $15.5M.
