Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in 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 other words, the price has increased by $0.00 from its previous closing price. On the day, 0.69 million shares were traded. ITI stock price reached its highest trading level at $7.065 during the session, while it also had its lowest trading level at $7.04.
Ratios:
Our analysis of ITI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 91.44. For the most recent quarter (mrq), Quick Ratio is recorded 1.44 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.08.
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, Maxim Group on April 30, 2024, initiated with a Buy rating and assigned the stock a target price of $11.
On February 04, 2022, Craig Hallum Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $6 to $4.50.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 09 ’24 when Samjo Management, LLC sold 1,200,000 shares for $7.00 per share. The transaction valued at 8,394,000 led to the insider holds 5,013,300 shares of the business.
Samjo Management, LLC sold 848,300 shares of ITI for $5,929,617 on Aug 12 ’24. The 10% Owner now owns 4,165,000 shares after completing the transaction at $6.99 per share. On Jun 14 ’24, another insider, Samjo Management, LLC, who serves as the 10% Owner of the company, sold 59,000 shares for $4.16 each. As a result, the insider received 245,440 and left with 6,261,800 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, ITI now has a Market Capitalization of 301734368 and an Enterprise Value of 288556896. As of this moment, Iteris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 221.00, and their Forward P/E ratio for the next fiscal year is 23.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.73 while its Price-to-Book (P/B) ratio in mrq is 4.31. Its current Enterprise Value per Revenue stands at 1.656 whereas that against EBITDA is 33.856.
Stock Price History:
Over the past 52 weeks, ITI has reached a high of $7.11, while it has fallen to a 52-week low of $3.97. The 50-Day Moving Average of the stock is 32.98%, while the 200-Day Moving Average is calculated to be 45.07%.
Shares Statistics:
ITI traded an average of 629.77K shares per day over the past three months and 570950 shares per day over the past ten days. A total of 42.97M shares are outstanding, with a floating share count of 42.00M. Insiders hold about 1.87% of the company’s shares, while institutions hold 45.79% stake in the company. Shares short for ITI as of 1723680000 were 350722 with a Short Ratio of 0.56, compared to 1721001600 on 229287. Therefore, it implies a Short% of Shares Outstanding of 350722 and a Short% of Float of 0.9900000000000001.
