In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate 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
In the latest session, Blink Charging Co (NASDAQ: BLNK) closed at $3.12 down -6.02% from its previous closing price of $3.32. In other words, the price has decreased by -$6.02 from its previous closing price. On the day, 3.34 million shares were traded. BLNK stock price reached its highest trading level at $3.27 during the session, while it also had its lowest trading level at $3.105.
Ratios:
For a deeper understanding of Blink Charging Co’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.28 and its Current Ratio is at 2.94. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.02.
On September 27, 2023, UBS started tracking the stock assigning a Buy rating and target price of $7.
On March 28, 2023, Barclays started tracking the stock assigning a Equal Weight rating and target price of $11.Barclays initiated its Equal Weight rating on March 28, 2023, with a $11 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 25 ’24 when Peterson Kristina A. sold 4,510 shares for $2.77 per share. The transaction valued at 12,515 led to the insider holds 0 shares of the business.
FARKAS MICHAEL D sold 52,000 shares of BLNK for $158,184 on Sep 28 ’23. The Former Director Chairman & CEO now owns 2,578,616 shares after completing the transaction at $3.04 per share. On Sep 27 ’23, another insider, FARKAS MICHAEL D, who serves as the Former Director Chairman & CEO of the company, sold 26,000 shares for $3.14 each. As a result, the insider received 81,692 and left with 2,630,616 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, BLNK now has a Market Capitalization of 315307200 and an Enterprise Value of 239487952. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.01 while its Price-to-Book (P/B) ratio in mrq is 1.06. Its current Enterprise Value per Revenue stands at 1.53 whereas that against EBITDA is -3.076.
Stock Price History:
Over the past 52 weeks, BLNK has reached a high of $7.25, while it has fallen to a 52-week low of $2.18. The 50-Day Moving Average of the stock is 1.81%, while the 200-Day Moving Average is calculated to be 5.90%.
Shares Statistics:
For the past three months, BLNK has traded an average of 5.15M shares per day and 5193940 over the past ten days. A total of 92.82M shares are outstanding, with a floating share count of 92.76M. Insiders hold about 8.19% of the company’s shares, while institutions hold 27.71% stake in the company. Shares short for BLNK as of 1719532800 were 19762380 with a Short Ratio of 3.84, compared to 1717113600 on 19231432. Therefore, it implies a Short% of Shares Outstanding of 19762380 and a Short% of Float of 20.75.
