Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting 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 Tenaya Therapeutics Inc (NASDAQ: TNYA) was $3.46 for the day, down -3.35% from the previous closing price of $3.58. In other words, the price has decreased by -$3.35 from its previous closing price. On the day, 3.72 million shares were traded. TNYA stock price reached its highest trading level at $3.6 during the session, while it also had its lowest trading level at $3.21.
Ratios:
Our analysis of TNYA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.27 and its Current Ratio is at 5.27. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.10.
On November 30, 2023, Leerink Partners started tracking the stock assigning a Outperform rating and target price of $7.
On June 15, 2022, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $25.H.C. Wainwright initiated its Buy rating on June 15, 2022, with a $25 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 Nov 18 ’24 when Saito Chihiro sold 2,258 shares for $2.12 per share. The transaction valued at 4,787 led to the insider holds 60,983 shares of the business.
Saito Chihiro sold 2,363 shares of TNYA for $6,840 on Aug 16 ’24. The SVP, Accounting and Fin. Ops. now owns 63,241 shares after completing the transaction at $2.89 per share. On Aug 16 ’24, another insider, Tingley Whittemore, who serves as the Chief Medical Officer of the company, sold 7,428 shares for $2.89 each. As a result, the insider received 21,500 and left with 107,106 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, TNYA now has a Market Capitalization of 274102912 and an Enterprise Value of 209171984.
Stock Price History:
Over the past 52 weeks, TNYA has reached a high of $7.01, while it has fallen to a 52-week low of $1.61. The 50-Day Moving Average of the stock is 59.25%, while the 200-Day Moving Average is calculated to be -0.21%.
Shares Statistics:
TNYA traded an average of 2.61M shares per day over the past three months and 5716750 shares per day over the past ten days. A total of 79.22M shares are outstanding, with a floating share count of 65.58M. Shares short for TNYA as of 1731628800 were 13122628 with a Short Ratio of 5.02, compared to 1728950400 on 4876224. Therefore, it implies a Short% of Shares Outstanding of 13122628 and a Short% of Float of 23.719999.
