SMX Public Limited, Fusion Fuel Green, and Heron Therapeutics are the 3 Penny Stocks to watch on December 5, 2024, 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.
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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 December 4, 2024. Simply put, Dollar Volume is the number of shares traded on a particular day multiplied by the day’s share price.
SMX Public Limited Company (SMX) – SMX Public Limited offers marking, tracking, measuring, and digital platform technology to facilitate the transition to a low-carbon economy. On December 4, SMX had a Dollar Volume of $330.64 million, while its stock price jumped by 105.3%. There was no company-specific news that drove the stock higher on Wednesday.
Fusion Fuel Green (HTOO)– Fusion Fuel Green provides innovative and cost-competitive green hydrogen solutions. HTOO had a Dollar Volume of $145.48 million on December 4, with its stock price surging by over 63.5%. There was no specific news on HTOO recently.
Heron Therapeutics (HRTX) – Heron Therapeutics is a clinical-stage biopharmaceutical company that is focused on developing treatments for the preservation of vision.
HRTX’s Dollar Volume stood at $101.13 million on December 4, while its stock price rose nearly 39%. Shares rallied as the U.S. District Court ruled in favor of the company in a patent lawsuit against Fresenius Kabi USA, LLC related to the CINVANTI (aprepitant) injectable emulsion.
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.
