The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing 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 price of Safe Bulkers, Inc (NYSE: SB) closed at $3.87 in the last session, up 0.78% from day before closing price of $3.84. In other words, the price has increased by $0.78 from its previous closing price. On the day, 0.59 million shares were traded. SB stock price reached its highest trading level at $3.925 during the session, while it also had its lowest trading level at $3.8.
Ratios:
We take a closer look at SB’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.34 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 0.59 whereas as Long-Term Debt/Eq ratio is at 0.52.
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 the company, Jefferies on February 27, 2024, Upgraded its rating to Buy and sets its target price to $6 from $4 previously.
On September 26, 2022, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $5 to $4.
On July 21, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $5.Jefferies initiated its Buy rating on July 21, 2022, with a $5 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SB now has a Market Capitalization of 413230848 and an Enterprise Value of 817697600. As of this moment, Safe’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.32, and their Forward P/E ratio for the next fiscal year is 5.47. 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 1.31 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at 2.568 whereas that against EBITDA is 4.558.
Stock Price History:
Over the past 52 weeks, SB has reached a high of $6.33, while it has fallen to a 52-week low of $3.45. The 50-Day Moving Average of the stock is -14.13%, while the 200-Day Moving Average is calculated to be -22.69%.
Shares Statistics:
According to the various share statistics, SB traded on average about 537.32K shares per day over the past 3-months and 672670 shares per day over the past 10 days. A total of 111.61M shares are outstanding, with a floating share count of 58.39M. Insiders hold about 45.31% of the company’s shares, while institutions hold 28.74% stake in the company. Shares short for SB as of 1731628800 were 1771365 with a Short Ratio of 3.30, compared to 1728950400 on 1722445. Therefore, it implies a Short% of Shares Outstanding of 1771365 and a Short% of Float of 3.0700000000000003.
Dividends & Splits
The forward annual dividend rate for SB is 0.15, which was 0.05 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.013020834The stock’s 5-year Average Dividend Yield is 5.96.
