Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating 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 Ensysce Biosciences Inc (NASDAQ: ENSC) closed at $0.67 in the last session, down -2.37% from day before closing price of $0.69. In other words, the price has decreased by -$2.37 from its previous closing price. On the day, 2.23 million shares were traded. ENSC stock price reached its highest trading level at $0.6898 during the session, while it also had its lowest trading level at $0.6394.
Ratios:
We take a closer look at ENSC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.88 and its Current Ratio is at 1.88. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ENSC now has a Market Capitalization of 10061052 and an Enterprise Value of 4797401. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.99 while its Price-to-Book (P/B) ratio in mrq is 3.04. Its current Enterprise Value per Revenue stands at 3.336.
Stock Price History:
Over the past 52 weeks, ENSC has reached a high of $2.06, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is 89.78%, while the 200-Day Moving Average is calculated to be 16.20%.
Shares Statistics:
According to the various share statistics, ENSC traded on average about 27.17M shares per day over the past 3-months and 85936070 shares per day over the past 10 days. A total of 14.91M shares are outstanding, with a floating share count of 14.62M. Insiders hold about 2.00% of the company’s shares, while institutions hold 21.96% stake in the company. Shares short for ENSC as of 1728950400 were 113062 with a Short Ratio of 0.23, compared to 1726185600 on 203288. Therefore, it implies a Short% of Shares Outstanding of 113062 and a Short% of Float of 0.83.
