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
The closing price of Porch Group Inc (NASDAQ: PRCH) was $1.68 for the day, up 8.39% from the previous closing price of $1.55. In other words, the price has increased by $8.39 from its previous closing price. On the day, 0.73 million shares were traded. PRCH stock price reached its highest trading level at $1.715 during the session, while it also had its lowest trading level at $1.565.
Ratios:
Our analysis of PRCH’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 0.95.
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 the company, Loop Capital on March 15, 2023, Downgraded its rating to Hold and sets its target price to $2 from $4 previously.
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 Jun 06 ’24 when Tabak Shawn sold 15,000 shares for $2.02 per share. The transaction valued at 30,305 led to the insider holds 295,142 shares of the business.
Tabak Shawn sold 19,040 shares of PRCH for $76,956 on Mar 26 ’24. The CHIEF FINANCIAL OFFICER now owns 292,311 shares after completing the transaction at $4.04 per share. On Mar 20 ’24, another insider, Tabak Shawn, who serves as the CHIEF FINANCIAL OFFICER of the company, sold 30,282 shares for $3.86 each. As a result, the insider received 116,796 and left with 337,029 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, PRCH now has a Market Capitalization of 168772800 and an Enterprise Value of 302359872. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35. Its current Enterprise Value per Revenue stands at 0.643 whereas that against EBITDA is -5.244.
Stock Price History:
Over the past 52 weeks, PRCH has reached a high of $4.78, while it has fallen to a 52-week low of $0.50. The 50-Day Moving Average of the stock is 11.89%, while the 200-Day Moving Average is calculated to be -31.84%.
Shares Statistics:
PRCH traded an average of 1.22M shares per day over the past three months and 963250 shares per day over the past ten days. A total of 97.06M shares are outstanding, with a floating share count of 79.71M. Insiders hold about 19.64% of the company’s shares, while institutions hold 54.12% stake in the company. Shares short for PRCH as of 1726185600 were 9851783 with a Short Ratio of 8.07, compared to 1723680000 on 9918910. Therefore, it implies a Short% of Shares Outstanding of 9851783 and a Short% of Float of 14.330000000000002.
