Top Penny Stocks To Watch Today - August 15th

Key Points

• Precigen, Pioneer Power Solutions, and Ondas are the top penny stocks to watch, known for their high trading volumes in recent days.
• Precigen (PGEN) saw its stock rise to $2.96, with a notable trading volume of 161 million shares, indicating significant market interest.
• Ondas (ONDS) traded up to $3.97, supported by a trading volume of nearly 42 million shares, reflecting increasing investor engagement.

Precigen, Pioneer Power Solutions, and Ondas are the three Penny stocks to watch today, according to MarketBeat's stock screener tool. Penny stocks are common shares of small or micro-capitalization companies that typically trade for less than $5 per share. Because they tend to have low trading volume, limited publicly available information and wide bid-ask spreads, penny stocks are highly volatile and carry elevated risk. While they can offer outsized profit potential, investors also face a greater chance of substantial losses or market manipulation. These companies had the highest dollar trading volume of any Penny stocks within the last several days.

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.

Shares of Precigen stock traded up $1.11 during trading on Friday, hitting $2.96. 161,249,655 shares of the stock traded hands, compared to its average volume of 3,041,216. The firm's fifty day moving average is $1.65 and its 200-day moving average is $1.58. Precigen has a 52 week low of $0.65 and a 52 week high of $3.49. The stock has a market cap of $882.59 million, a price-to-earnings ratio of -6.98 and a beta of 1.87.

Read Our Latest Research Report on PGEN

Pioneer Power Solutions (PPSI)

Pioneer Power Solutions, Inc., together with its subsidiaries, design, manufacture, integrate, refurbish, distribute, sell, and service electric power systems, distributed energy resources, power generation equipment, and mobile EV charging solutions. The company operates through Electrical Infrastructure Equipment and Critical Power Solutions segments.

NASDAQ PPSI traded up $1.29 on Friday, hitting $4.40. The company's stock had a trading volume of 95,129,765 shares, compared to its average volume of 671,929. The firm has a market cap of $48.87 million, a P/E ratio of -6.39 and a beta of 1.05. The company's 50-day simple moving average is $2.96 and its 200 day simple moving average is $3.02. Pioneer Power Solutions has a 52-week low of $2.25 and a 52-week high of $7.00.

Read Our Latest Research Report on PPSI

Ondas (ONDS)

Ondas Holdings Inc., through its subsidiaries, provides private wireless, drone, and automated data solutions. It operates in two segments, Ondas Networks and Ondas Autonomous Systems. The company designs, develops, manufactures, sells, and supports FullMAX, a software defined radio (SDR) platform for wide-area broadband networks.

Shares of ONDS traded up $0.04 on Friday, reaching $3.97. The stock had a trading volume of 41,737,519 shares, compared to its average volume of 14,495,999. The firm has a market capitalization of $869.05 million, a price-to-earnings ratio of -7.63 and a beta of 2.29. The company has a 50-day simple moving average of $2.17 and a 200-day simple moving average of $1.45. Ondas has a 12-month low of $0.57 and a 12-month high of $4.39.

Read Our Latest Research Report on ONDS

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