Small Cap Stocks To Research – July 2nd

ProShares UltraPro Short QQQ, AltC Acquisition, and Mogo are the three 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 ranging from about $300 million to $2 billion. Because these firms are less established, their stocks can offer higher growth potential but also tend to be more volatile and carry greater risk than large-cap issues. Investors often include small caps in their portfolios for diversification and the chance of outsized returns. These companies had the highest dollar trading volume of any Small Cap stocks within the last several days.

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.

ProShares UltraPro Short QQQ stock traded down $0.35 during midday trading on Wednesday, hitting $19.73. 64,473,364 shares of the company’s stock were exchanged, compared to its average volume of 63,853,164. The firm’s 50 day simple moving average is $24.80 and its 200 day simple moving average is $30.14. ProShares UltraPro Short QQQ has a 12-month low of $19.45 and a 12-month high of $57.95.

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.

ALCC traded down $4.25 during midday trading on Wednesday, reaching $51.74. 13,224,944 shares of the company’s stock were exchanged, compared to its average volume of 723,393. AltC Acquisition has a 1-year low of $10.27 and a 1-year high of $18.80. The business’s 50-day moving average price is $43.89 and its 200 day moving average price is $34.66.

Mogo (MOGO)

Mogo Inc. operates as a digital finance company in Canada, Europe, and internationally. The company's digital solutions help build wealth and achieve financial freedom. It provides MogoTrade, a stock trading app; Moka; and MogoMoney that provides online personal loans. The company also offers digital loans and mortgages; and operates a digital payments platform that powers next-generation card programs for both global corporations and fintech companies in Europe and Canada.

NASDAQ:MOGO traded up $1.42 during mid-day trading on Wednesday, hitting $2.63. The company had a trading volume of 257,338,217 shares, compared to its average volume of 1,672,291. Mogo has a 1 year low of $0.74 and a 1 year high of $3.94. The firm has a market capitalization of $64.41 million, a price-to-earnings ratio of -4.04 and a beta of 3.57. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.49. The business has a fifty day simple moving average of $1.24 and a 200-day simple moving average of $1.15.