For those desiring to outshine the market, the strategic selection of individual stocks is paramount. 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
As of close of business last night, Rush Street Interactive Inc’s stock clocked out at $11.41, down -0.70% from its previous closing price of $11.49. In other words, the price has decreased by -$0.70 from its previous closing price. On the day, 1.65 million shares were traded. RSI stock price reached its highest trading level at $11.715 during the session, while it also had its lowest trading level at $11.32.
Ratios:
To gain a deeper understanding of RSI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.05. For the most recent quarter (mrq), Quick Ratio is recorded 1.71 and its Current Ratio is at 1.71. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.20.
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, Needham on May 17, 2024, Reiterated its Buy rating but revised its target price to $10 from $9 previously.
On April 19, 2024, Craig Hallum Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $7 to $8.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 13 ’24 when Sauers Kyle bought 25,934 shares for $12.30 per share.
WIERBICKI PAUL sold 35,000 shares of RSI for $393,092 on Nov 11 ’24. The Chief Legal Officer now owns 139,982 shares after completing the transaction at $11.23 per share. On Nov 11 ’24, another insider, WIERBICKI PAUL, who serves as the Director of the company, bought 35,000 shares for $11.17 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RSI now has a Market Capitalization of 2575191296. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.98 while its Price-to-Book (P/B) ratio in mrq is 13.67.
Stock Price History:
Over the past 52 weeks, RSI has reached a high of $12.46, while it has fallen to a 52-week low of $3.56. The 50-Day Moving Average of the stock is 7.21%, while the 200-Day Moving Average is calculated to be 33.11%.
Shares Statistics:
It appears that RSI traded 1.87M shares on average per day over the past three months and 3556120 shares per day over the past ten days. A total of 88.61M shares are outstanding, with a floating share count of 79.51M. Insiders hold about 10.26% of the company’s shares, while institutions hold 76.25% stake in the company. Shares short for RSI as of 1730332800 were 5091679 with a Short Ratio of 2.72, compared to 1727654400 on 4233614. Therefore, it implies a Short% of Shares Outstanding of 5091679 and a Short% of Float of 6.0399998.
