Sharps Technology, Checkpoint Therapeutics, and Sonoma Pharmaceuticals are the 3 Penny Stocks to watch on March 11, 2025, based on TipRanks’ Penny Stock Screener tool. Penny stocks are defined as stocks that trade at or below $5 per share and have a market capitalization of below $300 million.
The Penny Stock Screener helps investors scan stocks based on numerous parameters, including Sector, Price Target Upside, Smart Score, Analyst Consensus, Dollar Volume, and Price Change.
We leveraged the tool to pick the top three penny stocks with the highest Dollar Volume as of the close on March 10, 2025. Simply put, Dollar Volume is the number of shares traded on a particular day multiplied by the day’s share price.
Sharps Technology (STSS) – Sharps Technology is a medical device company that manufactures and sells smart and safe syringes. On March 10, STSS stock had a Dollar Volume of $260.95 million, while its stock price jumped by 48.3%.
There was no specific news for Sharps Technology yesterday, but investors have turned toward small-cap and penny stocks amid the market volatility. On March 6, STSS announced that it had completely paid out its debt through the $20 million in capital raised in January. The company is now focused on bolstering its manufacturing operations in Hungary and fulfilling the five-year agreement with a prominent U.S. firm to supply at least 500 million syringes. Sharps Technology is expected to start earning revenues from the deal in the second half of 2025.
Checkpoint Therapeutics (CKPT) – Checkpoint Therapeutics is a clinical-stage biopharmaceutical company, engaged in developing innovative treatments for cancer. CKPT had a Dollar Volume of $246.46 million yesterday, accompanied by a stock price surge of 61.1%.
CKPT stock skyrocketed on the news of being acquired by Indian company Sun Pharmaceuticals Industries, for an upfront cash consideration of $4.10 per share. The offer represents a 66% premium to Checkpoint’s closing share price on March 7, a day before the news was made public.
Sonoma Pharmaceuticals (SNOA) – Sonoma Pharmaceuticals is a specialized pharma company, manufacturing stabilized hypochlorous acid (HOCl) products for applications in wound care, animal health care, eye care, oral care, and dermatological conditions.
SNOA’s Dollar Volume stood at $105.57 million, while its stock price gained 40.2%. Investors reacted positively to the news of securing UK clearances of key wound care and dermatology products from the Medicines & Healthcare Products Regulatory Agency. The successful product registrations open up new market opportunities and growth potential for Sonoma’s products. SNOA stock is trending higher even in pre-market trading, up 30% at the time of writing.
To find more penny stocks like these, you can take a look at TipRanks’ Penny Stock Screener tool. It shows a list of all penny stocks, their price movement, and other vital data.
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