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, Tandem Diabetes Care Inc (NASDAQ: TNDM) closed at $31.35 down -1.29% from its previous closing price of $31.76. In other words, the price has decreased by -$1.29 from its previous closing price. On the day, 1.08 million shares were traded. TNDM stock price reached its highest trading level at $32.19 during the session, while it also had its lowest trading level at $30.68.
Ratios:
For a deeper understanding of Tandem Diabetes Care Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.38 and its Current Ratio is at 3.05. In the meantime, Its Debt-to-Equity ratio is 2.04 whereas as Long-Term Debt/Eq ratio is at 1.79.
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, Goldman on October 04, 2024, initiated with a Neutral rating and assigned the stock a target price of $46.
On October 02, 2024, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $65.
On August 22, 2024, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $45.Morgan Stanley initiated its Equal-Weight rating on August 22, 2024, with a $45 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 May 30 ’24 when Allen Dick sold 5,000 shares for $51.68 per share. The transaction valued at 258,400 led to the insider holds 0 shares of the business.
Allen Dick bought 5,000 shares of TNDM for $94,778 on Nov 27 ’23. The Director now owns 19,962 shares after completing the transaction at $18.96 per share. On Nov 08 ’23, another insider, Vosseller Leigh, who serves as the EVP & CHIEF FINANCIAL OFFICER of the company, bought 6,200 shares for $15.39 each. As a result, the insider paid 95,395 and bolstered with 11,860 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, TNDM now has a Market Capitalization of 2104698112 and an Enterprise Value of 2077023616. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.58 while its Price-to-Book (P/B) ratio in mrq is 8.77. Its current Enterprise Value per Revenue stands at 2.609 whereas that against EBITDA is -15.473.
Stock Price History:
Over the past 52 weeks, TNDM has reached a high of $53.69, while it has fallen to a 52-week low of $13.82. The 50-Day Moving Average of the stock is -23.60%, while the 200-Day Moving Average is calculated to be -16.24%.
Shares Statistics:
For the past three months, TNDM has traded an average of 1.45M shares per day and 1236720 over the past ten days. A total of 65.55M shares are outstanding, with a floating share count of 64.95M. Insiders hold about 0.79% of the company’s shares, while institutions hold 113.44% stake in the company. Shares short for TNDM as of 1728950400 were 9091488 with a Short Ratio of 6.27, compared to 1726185600 on 10420051. Therefore, it implies a Short% of Shares Outstanding of 9091488 and a Short% of Float of 21.530001000000002.
