TeraWulf, Incannex Healthcare, and Bit Digital are the three Penny stocks to watch today, according to MarketBeat's stock screener tool. Penny stocks are shares of small companies that trade at very low prices—typically under $5 per share—and often do so over‐the‐counter rather than on major exchanges. Because these stocks have low trading volumes, limited publicly available financial information and high price volatility, they carry substantial risk and are more susceptible to market manipulation. These companies had the highest dollar trading volume of any Penny stocks within the last several days.
TeraWulf (WULF)
Shares of WULF traded down $0.23 during trading hours on Tuesday, hitting $4.89. 35,194,632 shares of the company were exchanged, compared to its average volume of 33,751,775. The company has a market cap of $1.88 billion, a PE ratio of -14.83 and a beta of 3.11. The firm's 50 day moving average is $4.09 and its 200-day moving average is $4.04. TeraWulf has a 52 week low of $2.06 and a 52 week high of $9.30. The company has a debt-to-equity ratio of 3.03, a quick ratio of 1.90 and a current ratio of 1.90.
Read Our Latest Research Report on WULF
Incannex Healthcare (IXHL)
Incannex Healthcare Inc., a clinical stage pharmaceutical development company, engages in the research, development, and sale of medicinal cannabinoid and psychedelic pharmaceutical products and therapies. It develops products for the treatment of obstructive sleep apnoea (OSA), traumatic brain injury (TBI) and concussion, lung inflammation (ARDS, COPD, asthma, bronchitis), rheumatoid arthritis, inflammatory bowel disease, anxiety disorders, addiction disorders, pain, and other indications.
Shares of NASDAQ IXHL traded up $0.10 during trading hours on Tuesday, hitting $0.34. 489,229,544 shares of the company's stock were exchanged, compared to its average volume of 17,943,390. Incannex Healthcare has a 1-year low of $0.08 and a 1-year high of $3.12. The stock has a market capitalization of $9.98 million, a price-to-earnings ratio of -0.28 and a beta of 7.47. The company's 50-day moving average price is $0.21 and its 200-day moving average price is $0.87.
Read Our Latest Research Report on IXHL
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.
Shares of NASDAQ BTBT traded up $0.01 during trading hours on Tuesday, hitting $3.30. 44,116,010 shares of the company's stock were exchanged, compared to its average volume of 17,898,259. Bit Digital has a 1-year low of $1.69 and a 1-year high of $5.74. The stock has a market capitalization of $687.11 million, a price-to-earnings ratio of -7.01 and a beta of 5.25. The company's 50-day moving average price is $2.51 and its 200-day moving average price is $2.59.
Read Our Latest Research Report on BTBT
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