Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost 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 Veracyte Inc (NASDAQ: VCYT) closed at $42.84 in the last session, down -2.84% from day before closing price of $44.09. In other words, the price has decreased by -$2.84 from its previous closing price. On the day, 0.74 million shares were traded. VCYT stock price reached its highest trading level at $43.39 during the session, while it also had its lowest trading level at $42.0.
Ratios:
We take a closer look at VCYT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 58.78. For the most recent quarter (mrq), Quick Ratio is recorded 4.79 and its Current Ratio is at 5.08. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, Goldman on Dec-06-24, Downgraded its rating to Neutral and sets its target price to $37 from $38 previously.
On November 15, 2024, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $50.
On October 16, 2024, UBS started tracking the stock assigning a Buy rating and target price of $43.UBS initiated its Buy rating on October 16, 2024, with a $43 target price.
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 Dec 04 ’24 when PHILLIP G FEBBO bought 1,311 shares for $44.09 per share.
Leite John sold 1,050 shares of VCYT for $45,408 on Dec 03 ’24. The Chief Commercial Officer-CLIA now owns 73,810 shares after completing the transaction at $43.25 per share. On Dec 03 ’24, another insider, Chambers Rebecca, who serves as the Chief Financial Officer of the company, sold 7,000 shares for $43.23 each. As a result, the insider received 302,622 and left with 114,037 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, VCYT now has a Market Capitalization of 3416956672 and an Enterprise Value of 3065799168. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.81 while its Price-to-Book (P/B) ratio in mrq is 2.82. Its current Enterprise Value per Revenue stands at 7.208 whereas that against EBITDA is 69.655.
Stock Price History:
Over the past 52 weeks, VCYT has reached a high of $44.50, while it has fallen to a 52-week low of $18.61. The 50-Day Moving Average of the stock is 17.97%, while the 200-Day Moving Average is calculated to be 58.03%.
Shares Statistics:
According to the various share statistics, VCYT traded on average about 795.23K shares per day over the past 3-months and 748020 shares per day over the past 10 days. A total of 77.49M shares are outstanding, with a floating share count of 76.33M. Insiders hold about 1.51% of the company’s shares, while institutions hold 106.25% stake in the company. Shares short for VCYT as of 1731628800 were 2876243 with a Short Ratio of 3.62, compared to 1728950400 on 3099723. Therefore, it implies a Short% of Shares Outstanding of 2876243 and a Short% of Float of 4.14.
