Top Small Cap Stocks Worth Watching - June 2nd

AltC Acquisition, Lyra Therapeutics, Spring Valley Acquisition, BigBear.ai, and Navitas Semiconductor are the five 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 between about $300 million and $2 billion. Because these firms are often younger or operate in niche markets, they can offer higher growth potential but also come with greater volatility and risk compared to larger, more established companies. Investors often include small caps in their portfolios to diversify and seek above-average returns over the long term. These companies had the highest dollar trading volume of any Small Cap stocks within the last several days.

AltC Acquisition (ALCC)

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.

NYSE:ALCC traded down $0.21 during midday trading on Monday, hitting $52.72. The stock had a trading volume of 23,477,970 shares, compared to its average volume of 723,393. AltC Acquisition has a one year low of $10.27 and a one year high of $18.80. The stock has a 50-day moving average of $28.64 and a 200 day moving average of $29.22.

Read Our Latest Research Report on ALCC

Lyra Therapeutics (LYRA)

Lyra Therapeutics, Inc., a clinical-stage biotechnology company, focuses on the development and commercialization of novel integrated drug and delivery solutions for the localized treatment of patients with ear, nose, and throat diseases. It's XTreo technology platform is designed to deliver medicines directly to the affected tissue for sustained periods with a single administration.

NASDAQ:LYRA traded up $17.85 during midday trading on Monday, hitting $22.78. The stock had a trading volume of 25,429,321 shares, compared to its average volume of 117,795. The stock has a 50-day moving average of $5.20 and a 200 day moving average of $8.03. The company has a market capitalization of $30.18 million, a price-to-earnings ratio of -15.24 and a beta of 0.04. Lyra Therapeutics has a one year low of $3.81 and a one year high of $36.73.

Read Our Latest Research Report on LYRA

Spring Valley Acquisition (SV)

Spring Valley Acquisition stock traded down $0.99 during mid-day trading on Monday, reaching $31.99. 15,538,182 shares of the company were exchanged, compared to its average volume of 530,580. The business has a fifty day moving average of $18.65 and a 200 day moving average of $20.66. Spring Valley Acquisition has a 12-month low of $8.56 and a 12-month high of $11.23.

Read Our Latest Research Report on SV

BigBear.ai (BBAI)

BigBear.ai Holdings, Inc. provides artificial intelligence-powered decision intelligence solutions. It offers national security, supply chain management, and digital identity and biometrics solutions. The company also provides data ingestion, data enrichment, data processing, artificial intelligence, machine learning, predictive analytics, and predictive visualization solutions and services.

BigBear.ai stock traded down $0.17 during mid-day trading on Monday, reaching $4.00. 89,238,986 shares of the company were exchanged, compared to its average volume of 33,439,424. The business has a fifty day moving average of $3.22 and a 200 day moving average of $3.85. The company has a debt-to-equity ratio of 2.08, a quick ratio of 2.06 and a current ratio of 2.06. The firm has a market cap of $1.16 billion, a P/E ratio of -4.38 and a beta of 3.32. BigBear.ai has a 12-month low of $1.17 and a 12-month high of $10.36.

Read Our Latest Research Report on BBAI

Navitas Semiconductor (NVTS)

Navitas Semiconductor Corporation designs, develops, and markets gallium nitride power integrated circuits, silicon carbide, associated high-speed silicon system controllers, and digital isolators used in power conversion and charging. The company's products are used in mobile, consumer, data center, solar, electric vehicle, industrial motor drive, smart grid, and transportation applications.

Navitas Semiconductor stock traded up $0.52 during mid-day trading on Monday, reaching $5.62. 46,570,320 shares of the company were exchanged, compared to its average volume of 7,822,446. The business has a fifty day moving average of $2.38 and a 200 day moving average of $2.80. The firm has a market cap of $1.08 billion, a P/E ratio of -13.25 and a beta of 2.24. Navitas Semiconductor has a 12-month low of $1.52 and a 12-month high of $7.53.

Read Our Latest Research Report on NVTS