Promising Penny Stocks To Keep An Eye On – April 2nd

Innovation Beverage Group, Sportsman’s Warehouse, Sunshine Biopharma, BigBear.ai, and Connectm Technology Solutions are the five Penny stocks to watch today, according to MarketBeat’s stock screener tool. Penny stocks are low-priced shares of small companies, often trading for just a few dollars or less per share. Typically, they are characterized by low liquidity and high volatility, making them high-risk investments that can lead to significant gains or losses. These companies had the highest dollar trading volume of any Penny stocks within the last several days.

Innovation Beverage Group (IBG)

NASDAQ IBG traded up $0.62 during trading hours on Wednesday, hitting $1.11. The company had a trading volume of 203,604,430 shares, compared to its average volume of 2,137,380. The firm has a 50 day moving average of $0.65. Innovation Beverage Group has a 1-year low of $0.44 and a 1-year high of $3.35.

Sportsman’s Warehouse (SPWH)

Shares of Sportsman’s Warehouse stock traded up $0.96 during mid-day trading on Wednesday, hitting $1.93. 97,943,055 shares of the stock were exchanged, compared to its average volume of 921,266. The company has a current ratio of 1.20, a quick ratio of 0.06 and a debt-to-equity ratio of 0.10. Sportsman’s Warehouse has a twelve month low of $0.92 and a twelve month high of $4.44. The stock has a market capitalization of $73.07 million, a price-to-earnings ratio of -2.19 and a beta of 0.75. The company has a 50-day simple moving average of $1.53 and a 200 day simple moving average of $2.17.

Sunshine Biopharma (SBFM)

Sunshine Biopharma, Inc., a pharmaceutical company, focuses on the research and development of life-saving medicines in various therapeutic areas, including oncology and antivirals in the United States and Canada. It operates in two segments, Prescription Generic Pharmaceuticals and Nonprescription Over-The-Counter Products.

Shares of NASDAQ:SBFM traded up $0.08 during midday trading on Wednesday, reaching $2.16. The company had a trading volume of 65,907,142 shares, compared to its average volume of 541,978. Sunshine Biopharma has a one year low of $1.90 and a one year high of $248.00. The stock’s fifty day moving average price is $2.39 and its 200-day moving average price is $2.72. The stock has a market capitalization of $2.64 million, a P/E ratio of -0.01 and a beta of 1.35.

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.

BBAI stock traded up $0.18 during trading hours on Wednesday, hitting $3.13. 36,215,262 shares of the stock traded hands, compared to its average volume of 22,512,420. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 2.08. The company has a market cap of $904.59 million, a P/E ratio of -3.44 and a beta of 3.12. The stock has a 50-day simple moving average of $5.05 and a 200 day simple moving average of $3.36. BigBear.ai has a one year low of $1.17 and a one year high of $10.36.

Connectm Technology Solutions (CNTM)

Connectm Technology Solutions, Inc. is a technology company, which engages in the electrification economy by integrating electrified energy assets with an AI-driven technology solutions platform. It provides solutions for residential and light commercial buildings, and all-electric original equipment manufacturers (OEMs), with a proprietary digital platform to accelerate the transition to solar and all-electric heating, cooling, and transportation to reduce dependence on fossil fuels, overall energy costs, and carbon footprint.

Shares of CNTM stock traded up $0.24 during mid-day trading on Wednesday, reaching $0.73. The company’s stock had a trading volume of 139,912,902 shares, compared to its average volume of 1,309,759. Connectm Technology Solutions has a 1-year low of $0.47 and a 1-year high of $2.89. The firm’s 50-day moving average is $0.83 and its two-hundred day moving average is $0.94.