Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
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 Rush Street Interactive Inc (NYSE: RSI) was $10.48 for the day, up 1.85% from the previous closing price of $10.29. In other words, the price has increased by $1.85 from its previous closing price. On the day, 1.31 million shares were traded. RSI stock price reached its highest trading level at $10.51 during the session, while it also had its lowest trading level at $10.26.
Ratios:
Our analysis of RSI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.36. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 1.60. 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 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:
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 Apr 19 ’24 when SCHWARTZ RICHARD TODD sold 23,737 shares for $6.11 per share. The transaction valued at 145,138 led to the insider holds 2,062,997 shares of the business.
Sauers Kyle sold 15,983 shares of RSI for $97,726 on Apr 19 ’24. The Chief Financial Officer now owns 550,174 shares after completing the transaction at $6.11 per share. On Apr 19 ’24, another insider, STETZ MATTIAS, who serves as the Chief Operating Officer of the company, sold 5,001 shares for $6.11 each. As a result, the insider received 30,578 and left with 606,730 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, RSI now has a Market Capitalization of 2315901696. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.12 while its Price-to-Book (P/B) ratio in mrq is 13.71.
Stock Price History:
The Beta on a monthly basis for RSI is 1.67, which has changed by 1.8870523 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, RSI has reached a high of $10.30, while it has fallen to a 52-week low of $3.17. The 50-Day Moving Average of the stock is 15.31%, while the 200-Day Moving Average is calculated to be 71.15%.
Shares Statistics:
RSI traded an average of 1.94M shares per day over the past three months and 1827910 shares per day over the past ten days. A total of 72.39M shares are outstanding, with a floating share count of 71.11M. Insiders hold about 10.76% of the company’s shares, while institutions hold 72.87% stake in the company. Shares short for RSI as of 1719532800 were 5193356 with a Short Ratio of 2.67, compared to 1717113600 on 2579703. Therefore, it implies a Short% of Shares Outstanding of 5193356 and a Short% of Float of 6.88.
