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Promising Penny Stocks To Consider - October 12th

ESS Tech logo with Computer and Technology background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat has identified ESS Tech, Tilray Brands, Bit Digital, Datavault AI, and ScanTech AI Systems as the top penny stocks to monitor, based on their recent trading volumes.
  • Penny stocks are characterized by their low prices, typically trading for less than $5 per share, and can be highly volatile with a significant risk of price manipulation.
  • ESS Tech specializes in energy storage solutions with products like iron flow batteries, while Tilray Brands is focused on the medical cannabis sector, distributing across multiple countries.
  • MarketBeat previews top five stocks to own in May.

ESS Tech, Tilray Brands, Bit Digital, Datavault AI, and ScanTech AI Systems are the five Penny stocks to watch today, according to MarketBeat's stock screener tool. Penny stocks are shares of very small public companies that typically trade for less than five dollars per share, often on over-the-counter (OTC) markets rather than major exchanges. Because they have low trading volumes and limited financial disclosures, penny stocks tend to be highly volatile and carry greater risk of price manipulation or sudden devaluation. Investors are drawn to their potential for quick, large gains but must be prepared for equally steep losses. These companies had the highest dollar trading volume of any Penny stocks within the last several days.

ESS Tech (GWH)

ESS Tech, Inc., an energy storage company, designs and produces iron flow batteries for commercial and utility-scale energy storage applications worldwide. It offers energy storage products, which include Energy Warehouse, a behind-the-meter solution; and Energy Center, a front-of-the-meter solution.

Read Our Latest Research Report on GWH

Tilray Brands (TLRY)

Tilray, Inc. engages in the research, cultivation, processing, and distribution of medical cannabis. The company offers its products in Argentina, Australia, Canada, Chile, Croatia, Cyprus, the Czech Republic, Germany, New Zealand, and South Africa. Tilray, Inc. is headquartered in Canada.

Read Our Latest Research Report on TLRY

Bit Digital (BTBT)

Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities; and digital asset staking and digital asset mining businesses, as well as ethereum staking activities. In addition, it provides specialized cloud-infrastructure services for artificial intelligence applications.

Read Our Latest Research Report on BTBT

Datavault AI (DVLT)

Datavault AI Inc., a data sciences technology company, owns and operates data management and supercomputer platforms. It offers data technology and software solutions. The company was formerly known as WiSA Technologies, Inc. and changed its name to Datavault AI Inc. in February 2025. Datavault AI Inc.

Read Our Latest Research Report on DVLT

ScanTech AI Systems (STAI)

Read Our Latest Research Report on STAI

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