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 $48.99 in the prior trading day, Solaredge Technologies Inc (NASDAQ: SEDG) closed at $48.01, down -2.00%. In other words, the price has decreased by -$2.00 from its previous closing price. On the day, 1.8 million shares were traded. SEDG stock price reached its highest trading level at $50.6 during the session, while it also had its lowest trading level at $47.7.
Ratios:
Our goal is to gain a better understanding of SEDG by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.19 and its Current Ratio is at 4.54. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.32.
On May 09, 2024, TD Cowen reiterated its Buy rating and also upped its target price recommendation from $85 to $80.
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 Feb 29 ’24 when AVERY MORE bought 7,000 shares for $67.75 per share. The transaction valued at 474,250 led to the insider holds 77,446 shares of the business.
AVERY MORE bought 15,300 shares of SEDG for $1,085,632 on Nov 09 ’23. The Director now owns 70,446 shares after completing the transaction at $70.96 per share. On Nov 09 ’23, another insider, GANI MARCEL, who serves as the Director of the company, bought 5,000 shares for $73.49 each. As a result, the insider paid 367,450 and bolstered with 29,049 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, SEDG now has a Market Capitalization of 2726655744 and an Enterprise Value of 2799817472. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.23 while its Price-to-Book (P/B) ratio in mrq is 1.22. Its current Enterprise Value per Revenue stands at 1.252 whereas that against EBITDA is -24.491.
Stock Price History:
Over the past 52 weeks, SEDG has reached a high of $303.31, while it has fallen to a 52-week low of $46.86. The 50-Day Moving Average of the stock is -18.27%, while the 200-Day Moving Average is calculated to be -45.04%.
Shares Statistics:
The stock has traded on average 2.06M shares per day over the past 3-months and 2116470 shares per day over the last 10 days, according to various share statistics. A total of 57.12M shares are outstanding, with a floating share count of 56.82M. Insiders hold about 0.83% of the company’s shares, while institutions hold 93.78% stake in the company. Shares short for SEDG as of 1715731200 were 10198664 with a Short Ratio of 4.96, compared to 1713139200 on 8351726. Therefore, it implies a Short% of Shares Outstanding of 10198664 and a Short% of Float of 21.55.
