Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting 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 Rubrik Inc. (NYSE: RBRK) was $33.55 for the day, up 0.54% from the previous closing price of $33.37. In other words, the price has increased by $0.54 from its previous closing price. On the day, 1.32 million shares were traded. RBRK stock price reached its highest trading level at $33.82 during the session, while it also had its lowest trading level at $33.19.
Ratios:
Our analysis of RBRK’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 1.04.
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, BMO Capital Markets on September 10, 2024, Reiterated its Outperform rating but revised its target price to $38 from $40 previously.
On August 19, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $42.
On July 15, 2024, Robert W. Baird started tracking the stock assigning a Outperform rating and target price of $42.Robert W. Baird initiated its Outperform rating on July 15, 2024, with a $42 target price.
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 Sep 19 ’24 when Eggers Barry sold 100,000 shares for $32.74 per share. The transaction valued at 3,274,000 led to the insider holds 56,736 shares of the business.
Eggers Barry bought 100,000 shares of RBRK for $3,273,915 on Sep 19 ’24. On Sep 13 ’24, another insider, Mhatre Ravi, who serves as the Director of the company, sold 15,933 shares for $30.19 each. As a result, the insider received 481,017 and left with 0 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, RBRK now has a Market Capitalization of 6094457856 and an Enterprise Value of 5810033152. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.32. Its current Enterprise Value per Revenue stands at 7.928 whereas that against EBITDA is -5.693.
Stock Price History:
Over the past 52 weeks, RBRK has reached a high of $40.00, while it has fallen to a 52-week low of $28.34. The 50-Day Moving Average of the stock is 0.34%, while the 200-Day Moving Average is calculated to be 1.46%.
Shares Statistics:
RBRK traded an average of 1.42M shares per day over the past three months and 3961640 shares per day over the past ten days. A total of 181.65M shares are outstanding, with a floating share count of 62.62M. Insiders hold about 65.53% of the company’s shares, while institutions hold 17.48% stake in the company. Shares short for RBRK as of 1724976000 were 3995433 with a Short Ratio of 3.72, compared to 1722384000 on 4007316.
