Best Penny Stocks To Watch Today – May 9th

Nuvve, Next Technology, Siyata Mobile, ZK International Group, and IT Tech Packaging are the five Penny stocks to watch today, according to MarketBeat’s stock screener tool. Penny stocks are equity shares of small public companies that trade at low prices—typically under five dollars per share—and often on over‐the‐counter markets rather than major exchanges. Because they have low market capitalization and thin trading volume, penny stocks tend to be highly volatile and carry greater risk of price manipulation and illiquidity. Investors are drawn to penny stocks for their potential high returns but should be aware of the significant financial risk involved. These companies had the highest dollar trading volume of any Penny stocks within the last several days.

Nuvve (NVVE)

Nuvve Holding Corp., a green energy technology company, provides commercial vehicle-to-grid (V2G) technology platform in the United States, the United Kingdom, France, and Denmark. The company offers Grid Integrated Vehicle platform, which enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provide other grid services, as well as allows EV owners to meet the energy demands of individual vehicles and entire fleets.

NASDAQ:NVVE traded up $1.76 during midday trading on Friday, reaching $2.90. The stock had a trading volume of 227,138,261 shares, compared to its average volume of 1,584,054. The firm’s fifty day simple moving average is $1.22 and its 200-day simple moving average is $2.52. The stock has a market capitalization of $8.90 million, a P/E ratio of -0.03 and a beta of 2.00. Nuvve has a 1-year low of $0.82 and a 1-year high of $17.30.

Next Technology (NXTT)

Next Technology Holding Inc. provides technical services and solutions through its social e-commerce platform primarily in Mainland China. It offers YCloud, a micro-business cloud intelligent internationalization system that conducts multi-channel data analysis through the learning of big data and social recommendation relationships, as well as provides users with AI fission and management systems, and supply chain systems.

Shares of NXTT stock traded up $2.26 during trading hours on Friday, reaching $2.57. 144,081,770 shares of the company’s stock were exchanged, compared to its average volume of 2,026,512. Next Technology has a fifty-two week low of $0.22 and a fifty-two week high of $6.00. The business has a fifty day moving average price of $0.31 and a 200-day moving average price of $1.31.

Siyata Mobile (SYTA)

Siyata Mobile Inc. engages in the development and sale of cellular-based communications platform in the United States, Canada, Europe, Australia, the Middle East, and internationally. It develops, markets, and sells rugged handheld Push-to-Talk over Cellular smartphone devices for first responders, enterprise customers, construction workers, security guards, government agencies, utilities, transportation and waste management, amusement parks, and mobile workers in various industries.

Siyata Mobile stock traded up $0.63 during mid-day trading on Friday, reaching $1.61. The company had a trading volume of 135,396,919 shares, compared to its average volume of 2,189,810. The company has a 50 day moving average of $1.75 and a 200-day moving average of $5.51. Siyata Mobile has a 52 week low of $0.93 and a 52 week high of $885.58. The company has a quick ratio of 0.60, a current ratio of 1.03 and a debt-to-equity ratio of 0.04. The firm has a market cap of $1.26 million, a price-to-earnings ratio of 0.00 and a beta of 1.08.

ZK International Group (ZKIN)

ZK International Group Co., Ltd., through its subsidiaries, engages in the designing, producing, and selling double-press thin-walled stainless steel, carbon steel, and single-press tubes and fittings in the People's Republic of China. It offers carbon and stainless steel strips; carbon and stainless steel pipes; light gauge stainless steel pipes; pipe connections and fittings; and couplings, unions, adapters, caps, plug pipes, elbows, three-way fittings, tees, cross, side-inlet elbows, wyes, reducers, bushings, pipe fasteners, and pipe flanges.

ZKIN traded up $1.28 on Friday, hitting $3.80. 44,505,865 shares of the stock traded hands, compared to its average volume of 1,680,027. The business has a fifty day moving average price of $1.19 and a two-hundred day moving average price of $2.87. The company has a current ratio of 1.26, a quick ratio of 0.99 and a debt-to-equity ratio of 0.06. ZK International Group has a 52 week low of $0.82 and a 52 week high of $6.30.

IT Tech Packaging (ITP)

IT Tech Packaging, Inc., together with its subsidiaries, engages in the production and distribution of paper products in the People's Republic of China. The company operates through three segments: Dongfang Paper, Tengsheng Paper, and Baoding Shengde. It offers corrugating medium papers to companies making corrugating cardboards; and offset printing papers to printing companies.

ITP stock traded up $0.53 during midday trading on Friday, hitting $0.80. The stock had a trading volume of 205,224,808 shares, compared to its average volume of 2,560,153. IT Tech Packaging has a 52 week low of $0.20 and a 52 week high of $1.07. The company has a current ratio of 1.59, a quick ratio of 1.31 and a debt-to-equity ratio of 0.03. The stock has a 50-day simple moving average of $0.28 and a 200 day simple moving average of $0.30. The firm has a market capitalization of $8.06 million, a price-to-earnings ratio of -0.82 and a beta of -0.94.