Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase 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
After finishing at $41.91 in the prior trading day, SpringWorks Therapeutics Inc (NASDAQ: SWTX) closed at $38.90, down -7.18%. In other words, the price has decreased by -$7.18 from its previous closing price. On the day, 1.01 million shares were traded. SWTX stock price reached its highest trading level at $41.72 during the session, while it also had its lowest trading level at $38.65.
Ratios:
Our goal is to gain a better understanding of SWTX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.77 and its Current Ratio is at 6.85. In the meantime, Its Debt-to-Equity ratio is 0.01 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, Guggenheim on February 05, 2024, initiated with a Buy rating and assigned the stock a target price of $75.
On December 01, 2022, BofA Securities started tracking the stock assigning a Buy rating and target price of $45.
H.C. Wainwright reiterated its Buy rating for the stock on January 19, 2021, while the target price for the stock was revised from $87 to $101.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 03 ’24 when Islam Saqib sold 49,000 shares for $39.90 per share. The transaction valued at 1,955,113 led to the insider holds 1,112,368 shares of the business.
Edris Badreddin sold 20,000 shares of SWTX for $801,372 on Jun 03 ’24. The Chief Operating Officer now owns 249,600 shares after completing the transaction at $40.07 per share. On Jun 03 ’24, another insider, Hambleton Julie, who serves as the Director of the company, sold 4,648 shares for $40.03 each. As a result, the insider received 186,048 and left with 4,095 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, SWTX now has a Market Capitalization of 3104963328 and an Enterprise Value of 2450051840. For the stock, the TTM Price-to-Sale (P/S) ratio is 108.96 while its Price-to-Book (P/B) ratio in mrq is 5.08. Its current Enterprise Value per Revenue stands at 92.619 whereas that against EBITDA is -6.861.
Stock Price History:
The Beta on a monthly basis for SWTX is 0.79, which has changed by 0.31507778 over the last 52 weeks, in comparison to a change of 0.23228896 over the same period for the S&P500. Over the past 52 weeks, SWTX has reached a high of $53.92, while it has fallen to a 52-week low of $18.00. The 50-Day Moving Average of the stock is -3.73%, while the 200-Day Moving Average is calculated to be 2.43%.
Shares Statistics:
The stock has traded on average 808.68K shares per day over the past 3-months and 602970 shares per day over the last 10 days, according to various share statistics. A total of 73.49M shares are outstanding, with a floating share count of 65.45M. Insiders hold about 11.66% of the company’s shares, while institutions hold 98.73% stake in the company. Shares short for SWTX as of 1719532800 were 10416692 with a Short Ratio of 12.88, compared to 1717113600 on 10799144. Therefore, it implies a Short% of Shares Outstanding of 10416692 and a Short% of Float of 17.03.
