5 Best Very Cheap Stocks to Buy Right Now

3. Endo International plc (NASDAQ: ENDP)

Number of Hedge Fund Holders: 17
Price as of June 25: $4.92

Endo International plc (NASDAQ: ENDP) ranks 3rd on the list of 15 best very cheap stocks to buy right now. The Dublin-based pharmaceutical company produces branded and generic medicines treatments for pain, endocrinology, urology, and orthopaedic management. The company has a portfolio of 135 generic pharmaceutical products including nasal sprays and ophthalmic products. On top of that, Endo International plc markets cancer and transplantation pharmaceutical products. 

The company has a market cap of $1.5 billion. The stock has offered investors returns exceeding 83% over the past twelve months. Shares of ENDP are also up 12% in the last month. First-quarter revenue decreased by 12% to $717,919, down from $820,405 in the same period in 2020. As of March 31, 2021, the company’s total assets are $9.2 million versus its total current liabilities of $1.4 million. On March 3, Morgan Stanley maintained an Underweight rating on Endo International plc, with a price target of $7 per share. The stock has a PE ratio of 15.42. 

There were 17 hedge funds that reported owning stakes in Endo International plc (NASDAQ: ENDP) at the end of the first quarter, up from 13 funds a quarter earlier. The total value of these stakes at the end of Q1 is $406 million.