- October 20, 2021 06:43 PM AEDT
Penny stocks are known for their massive returns, along with their equally bigger (if not more) losses. Less liquidity and erratic volatility of these small-cap stocks make them difficult to trade. However, if one can pick the right stock at the ri...
- October 18, 2021 02:07 PM AEDT
- October 14, 2021 07:25 PM AEDT
Three ASX penny stocks that turned out to be goldmine this year
- October 13, 2021 07:46 PM AEDT
Highlights Investing in penny stocks is a risky venture. However, if these small companies make a turnaround, then they can easily make their investor happy with their multi-bagger returns. DOR, SYA, PRL are some of the penny stocks that turne...Read More...
Five ASX penny stocks that started October with a bang
- October 08, 2021 01:45 PM AEDT
The second half of September and early October have been volatile times for equity markets. While benchmark index, the ASX 200, moved more than 1% a day quite frequently, keeping investors on their toes, some penny stocks have provided comfort with...Read More...
Five tech penny stocks on ASX with decent returns
- September 29, 2021 02:31 PM AEST
Technology stocks have been one of the biggest beneficiaries of the COVID-19 pandemic. The ASX 200 Information Technology index (ASX:XIJ) has delivered a YTD return of 13.93%, outpacing the broader market index. The ASX 200’s YTD return stand...Read More...
A look at seven rising ASX-listed penny healthcare shares
- September 28, 2021 05:03 PM AEST
- Tripti Joshi
Highlights Penny stocks are not expensive and could offer huge benefits if chosen wisely. The healthcare penny stocks have the potential to grow immensely and could deliver significant returns. Oventus Medical, Wellfully, Avecho Biotechn...Read More...
Five ASX penny stocks in energy sector that stood out this year
- September 27, 2021 05:46 PM AEST
Highlights The ASX 200 Energy index notched up 4.9% return in the week ended 24 September 2021. A sharp recovery in crude oil demand this year has led to a significant demand for oil exploration companies. Some penny stocks in the energy space...Read More...
Five strong ASX financial penny stocks for the year
- September 24, 2021 07:49 PM AEST
Highlights While Mining stocks helped kick-start the ASX 200 rally this year but faded midway, financial stocks have held their ground. Some penny stocks in the financial space have outperformed broader markets hands down. These stocks include...Read More...
Five healthcare penny stocks with strong YTD returns
- September 23, 2021 04:38 PM AEST
Highlights Some healthcare providers have delivered good financial performances in FY21, leading to a triple-digit surge in their share prices. ONE, ACW, PTX are some healthcare penny stocks that have cheered investors this year. These r...Read More...
Five ASX penny stocks that remained in limelight today
- September 23, 2021 11:30 AM AEST
On Thursday, the ASX 200 has rebound sharply, closing in green for the third consecutive day. After a sharp decline of over 2% on Monday, the benchmark index has almost pared all of the losses for this week. Image Source: Copyright © 2021 K...Read More...
5 ASX penny stocks that turned multi-bagger in one month
- September 23, 2021 11:11 AM AEST
Penny stocks are the stocks of those companies which have a very small market capitalisation, often coming in the lowest range of small caps. Their share price often trades below a dollar value and are considered to be a high-risk ve...Read More...
Why these 5 ASX-listed penny stocks hit headlines today
- September 21, 2021 08:41 PM AEST
Highlights Penny stocks, as we all know, belong to companies where supply of shares is more than the demand, which helps in keeping the price below a dollar. Penny stocks face liquidity issues and therefore give way to easy manipulations. ...Read More...
About Penny Stocks
A penny stocks are the shares of a company that trade at a minimal value, generally less than a dollar mark. More often than not, these are the shares of a very small-cap company, also referred to as a micro-cap company. The market capitalisation is determined by multiplying the current share price with the outstanding shares of that company.
Many people get attracted to this space in their quest to find the best penny stocks due to their uncanny ability to deliver quick and explosive gains. This feature is supported by the excess volatility in the penny stocks. However, volatility is like a two-sided sword, due to which penny stocks move erratically in both directions, leading to quick losses as well.
Also, many penny stocks in AU and anywhere else are junk, meaning the underlying business is almost non-existent or questionable for its sustainability. Therefore, a lot of astute and institutional investors steer clear from this space, leading to fragile volumes in penny stocks. On the contrary, if the management can turn around the business, these penny stocks could quickly become your next multi-bagger.
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