Penny Stocks

Five ASX penny stocks on investors’ radar for 2022

  • November 30, 2021 02:02 PM AEDT
  • Aayush
 Five ASX penny stocks on investors’ radar for 2022

Penny stocks, although risky, make for one of the favourite pockets in the stock market for short-term traders. These stocks are highly volatile and therefore, are an ideal choice for high-risk appetite investors who crave abnormal returns. Imag...

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Five ASX penny stocks that started October with a bang

Five ASX penny stocks that started October with a bang

  • October 08, 2021 01:45 PM AEDT
  • Aayush

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...

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Five tech penny stocks on ASX with decent returns

Five tech penny stocks on ASX with decent returns

  • September 29, 2021 02:31 PM AEST
  • Aayush

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...

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A look at seven rising ASX-listed penny healthcare shares

A look at seven rising ASX-listed penny healthcare shares

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...

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Five ASX penny stocks in energy sector that stood out this year

Five ASX penny stocks in energy sector that stood out this year

  • September 27, 2021 05:46 PM AEST
  • Aayush

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...

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Five strong ASX financial penny stocks for the year

Five strong ASX financial penny stocks for the year

  • September 24, 2021 07:49 PM AEST
  • Aayush

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...

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Five healthcare penny stocks with strong YTD returns

Five healthcare penny stocks with strong YTD returns

  • September 23, 2021 04:38 PM AEST
  • Aayush

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...

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Five ASX penny stocks that remained in limelight today

Five ASX penny stocks that remained in limelight today

  • September 23, 2021 11:30 AM AEST
  • Aayush

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...

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5 ASX penny stocks that turned multi-bagger in one month

5 ASX penny stocks that turned multi-bagger in one month

  • September 23, 2021 11:11 AM AEST
  • Aayush

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...

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Why these 5 ASX-listed penny stocks hit headlines today

Why these 5 ASX-listed penny stocks hit headlines today

  • September 21, 2021 08:41 PM AEST
  • Damini

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. ...

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Five ASX penny stocks that closed in green today despite a broader market sell-off

Five ASX penny stocks that closed in green today despite a broader market sell-off

  • September 17, 2021 05:07 PM AEST
  • Aayush

The Australian benchmark index, the ASX 200 had a gloomy trading session. The index closed 0.92% down at 7,391.6, losing 68.6 points. The ASX All Ordinaries index also witnessed selling pressure, shedding 0.89% or 69.1 points and closed the session...

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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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