The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
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 price of ACM Research Inc (NASDAQ: ACMR) closed at $16.80 in the last session, up 3.32% from day before closing price of $16.26. In other words, the price has increased by $3.32 from its previous closing price. On the day, 0.92 million shares were traded. ACMR stock price reached its highest trading level at $17.18 during the session, while it also had its lowest trading level at $16.5.
Ratios:
We take a closer look at ACMR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 2.29. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.09.
On July 03, 2023, Jefferies Upgraded its rating to Buy which previously was Underperform and also upped its target price recommendation from $9 to $23.40.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 29 ’24 when Dun Haiping sold 19,097 shares for $18.08 per share. The transaction valued at 345,274 led to the insider holds 755,090 shares of the business.
HAIPING DUN bought 19,097 shares of ACMR for $345,278 on Aug 29 ’24. On Aug 22 ’24, another insider, Dun Haiping, who serves as the Director of the company, sold 15,000 shares for $19.85 each. As a result, the insider received 297,750 and left with 774,187 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, ACMR now has a Market Capitalization of 1049509376 and an Enterprise Value of 998112832. As of this moment, ACM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.36, and their Forward P/E ratio for the next fiscal year is 9.16. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.51 while its Price-to-Book (P/B) ratio in mrq is 1.26. Its current Enterprise Value per Revenue stands at 1.439 whereas that against EBITDA is 7.786.
Stock Price History:
Over the past 52 weeks, ACMR has reached a high of $34.40, while it has fallen to a 52-week low of $12.53. The 50-Day Moving Average of the stock is -13.20%, while the 200-Day Moving Average is calculated to be -24.13%.
Shares Statistics:
According to the various share statistics, ACMR traded on average about 1.29M shares per day over the past 3-months and 1014890 shares per day over the past 10 days. A total of 56.04M shares are outstanding, with a floating share count of 47.55M. Insiders hold about 23.88% of the company’s shares, while institutions hold 55.44% stake in the company. Shares short for ACMR as of 1724976000 were 4598709 with a Short Ratio of 3.55, compared to 1722384000 on 4499856. Therefore, it implies a Short% of Shares Outstanding of 4598709 and a Short% of Float of 9.9300005.
