Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting 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
In the latest session, American Axle & Manufacturing Holdings Inc (NYSE: AXL) closed at $5.89 up 2.43% from its previous closing price of $5.75. In other words, the price has increased by $2.43 from its previous closing price. On the day, 0.91 million shares were traded. AXL stock price reached its highest trading level at $5.9 during the session, while it also had its lowest trading level at $5.76.
Ratios:
For a deeper understanding of American Axle & Manufacturing Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.41. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 1.65. In the meantime, Its Debt-to-Equity ratio is 4.54 whereas as Long-Term Debt/Eq ratio is at 4.43.
On February 28, 2024, UBS Upgraded its rating to Neutral which previously was Sell but kept the price unchanged to $7.
UBS Downgraded its Neutral to Sell on January 17, 2024, whereas the target price for the stock was revised from $8 to $6.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AXL now has a Market Capitalization of 692552064 and an Enterprise Value of 2957318400. As of this moment, American’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.88, and their Forward P/E ratio for the next fiscal year is 12.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11 while its Price-to-Book (P/B) ratio in mrq is 1.12. Its current Enterprise Value per Revenue stands at 0.476 whereas that against EBITDA is 3.992.
Stock Price History:
Over the past 52 weeks, AXL has reached a high of $8.99, while it has fallen to a 52-week low of $5.43. The 50-Day Moving Average of the stock is -6.79%, while the 200-Day Moving Average is calculated to be -12.67%.
Shares Statistics:
For the past three months, AXL has traded an average of 1.61M shares per day and 1752830 over the past ten days. A total of 117.60M shares are outstanding, with a floating share count of 111.64M. Insiders hold about 5.06% of the company’s shares, while institutions hold 93.96% stake in the company. Shares short for AXL as of 1732838400 were 4530586 with a Short Ratio of 3.24, compared to 1730332800 on 4436001. Therefore, it implies a Short% of Shares Outstanding of 4530586 and a Short% of Float of 5.56.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 5.48.