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
The closing price of Ensysce Biosciences Inc (NASDAQ: ENSC) was $0.52 for the day, down -9.77% from the previous closing price of $0.58. In other words, the price has decreased by -$9.77 from its previous closing price. On the day, 3.93 million shares were traded. ENSC stock price reached its highest trading level at $0.5815 during the session, while it also had its lowest trading level at $0.5022.
Ratios:
Our analysis of ENSC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.88 and its Current Ratio is at 1.88. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ENSC now has a Market Capitalization of 8472687 and an Enterprise Value of 3504700. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.41 while its Price-to-Book (P/B) ratio in mrq is 2.35. Its current Enterprise Value per Revenue stands at 2.437.
Stock Price History:
Over the past 52 weeks, ENSC has reached a high of $2.06, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is 54.70%, while the 200-Day Moving Average is calculated to be -13.14%.
Shares Statistics:
ENSC traded an average of 24.53M shares per day over the past three months and 145884700 shares per day over the past ten days. A total of 14.91M shares are outstanding, with a floating share count of 14.62M. Insiders hold about 2.00% of the company’s shares, while institutions hold 12.06% stake in the company. Shares short for ENSC as of 1728950400 were 113062 with a Short Ratio of 0.00, compared to 1726185600 on 203288. Therefore, it implies a Short% of Shares Outstanding of 113062 and a Short% of Float of 0.83.