Promising Small Cap Stocks Worth Watching - August 16th

Key Points

• BitMine Immersion Technologies (BMNR) has seen significant trading volume with shares down to $57.81, despite a market cap of $248.76 million and a recent high of $161.00.
• Bullish (BLSH), a global digital asset platform, traded down to $69.73, maintaining a market presence with a 12-month high of $118.00.
• Precigen (PGEN) is focused on gene and cell therapies, recently trading at $2.94 with a notable increase in volume, highlighting its potential in the biopharmaceutical sector.

BitMine Immersion Technologies, Bullish, and Precigen are the three Small Cap stocks to watch today, according to MarketBeat's stock screener tool. Small-cap stocks are shares of publicly traded companies with relatively small market capitalizations—typically in the range of about $300 million to $2 billion. Because these firms are still in early growth stages, their stock prices can be more volatile and less liquid than those of larger companies. Investors often pursue small-cap stocks for the potential of above-average returns, accepting the higher risk that comes with smaller, less established businesses. These companies had the highest dollar trading volume of any Small Cap stocks within the last several days.

BitMine Immersion Technologies (BMNR)

BitMine Immersion Technologies, Inc. is a financial services company in the Banking industry.

Shares of NASDAQ:BMNR traded down $2.64 during midday trading on Friday, hitting $57.81. 59,566,029 shares of the company's stock were exchanged, compared to its average volume of 11,347,022. The company has a market cap of $248.76 million and a PE ratio of -131.39. BitMine Immersion Technologies has a 12 month low of $1.93 and a 12 month high of $161.00.

Read Our Latest Research Report on BMNR

Bullish (BLSH)

Bullish is an institutionally focused global digital asset platform that provides market infrastructure and information services. Our objective is to provide mission critical products and services that are designed to help institutions grow their businesses, empower individual customers, and drive the adoption of stablecoins, digital assets, and blockchain technology.

Shares of NYSE:BLSH traded down $4.90 during midday trading on Friday, hitting $69.73. 9,051,959 shares of the company's stock were exchanged, compared to its average volume of 20,713,152. Bullish has a 12 month low of $68.00 and a 12 month high of $118.00.

Read Our Latest Research Report on BLSH

Precigen (PGEN)

Precigen, Inc. operates as a discovery and clinical-stage biopharmaceutical company that develops gene and cell therapies using precision technology to target diseases in therapeutic areas of immuno-oncology, autoimmune disorders, and infectious diseases. It operates through two segments, Biopharmaceuticals and Exemplar.

PGEN stock traded up $1.09 during trading on Friday, reaching $2.94. The stock had a trading volume of 173,120,762 shares, compared to its average volume of 3,277,755. Precigen has a one year low of $0.65 and a one year high of $3.49. The company's 50 day moving average is $1.68 and its two-hundred day moving average is $1.60. The company has a market capitalization of $876.03 million, a price-to-earnings ratio of -7.00 and a beta of 1.87.

Read Our Latest Research Report on PGEN

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