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Summary
- Penny stocks are a preferred choice of investment for small-time investors and newcomers to stock markets.
- Chinese education giant, OneSmart International Education Group, has planned its Annual General Meeting in August end.
- Sundial Growers, a cannabis producer, to unveil its Q2 financial results before mid- August.
Being inexpensive, penny stocks are mostly explored by small investors and new entrants to stock markets across the globe. These stocks might hold the potential to reward their shareholders without burning a hole in the pockets.
Related Read: Why these 10 penny stocks can matter in 2021
With this overview, let us skim through five attractive global penny stocks.
Source: Copyright © 2021 Kalkine Media
OneSmart International Education Group Limited (NYSE:ONE)
Headquartered in Shanghai, OneSmart International Education Group is a well-known education company across China. It offers premium K-12 education services and aims to become the most trusted and high-tech education company in the country.
With a market cap of ~US$113.89 million, the Company operates around 430 learning centres in China.
It has scheduled the 2021 Annual General Meeting of its shareholders on 30 August.
On 5 August, at the closing bell, OneSmart International Education recorded a trading volume of 28,882,676 and was at US$0.705, down by 20.77%.
Must Read: TAL & EDU: Two Hot Education Stocks In Market
Sundial Growers Inc. (NASDAQ:SNDL)
Sundial Growers Inc. is a US-based cannabis grower, which apart from distributing cannabis for medical use, also supplies it for adult use. It boasts a market cap of US$1.632 billion.
Around next week, SNDL will disclose its second-quarter financial results.
At the market close on 5 August, Sundial Growers recorded a trading volume of 101,103,604 and was at US$0.82, up by 4.9%.
Related Read: 10 cannabis stocks in focus
Four Seasons Education (Cayman) Inc ADR (NYSE:FEDU)
Another leading educational company from Shangai is Four Seasons Education (Cayman) Inc ADR. It primarily aims at offering after-school education services with an emphasis on quality maths education.
The Company has recently announced that it continued to comply with all the guidelines and rules, including the new one to be followed as laid down by the new directives announced by the Chinese state agency.
It currently has a market cap of US$37.047 million.
On 5 August, at the end of the market session, Four Seasons Education (Cayman) recorded a trading volume of 216,066 and was at US$0.8008, up by 2.67%.
Related Read: Education trends: How pandemic has shaped the way we learn
Pingtan Marine Enterprise Ltd (NASDAQ:PME)
Pingtan Marine Enterprise is engaged in the business of fishing, hunting as well as trapping.
In May, the Company had received an additional delinquency notification letter for its non-compliance with the NASDAQ Listing Rule, to which PME assured of working diligently and complying with all the regulations in the future.
At the market close, on 5 August, Pingtan Marine Enterprise was at US$0.7573, declining by 4.54%. The Company has a market cap of US$63.686 million and it recorded a trading volume of 80,600.
Also Read: Fishing in troubled waters: Illegal fishing in NZ thrives amid pandemic
Teligent, Inc. (NASDAQ:TLGT)
A popular pharmaceutical company, Teligent, Inc., supplies FDA-approved medicines in the US as well as Canada.
The Company had recently adjourned its Annual Meeting of Shareholders, which was to be held on 30 June, without any business being conducted because of the lack of sufficient votes.
At the closing bell on 5 August, Teligent was at US$0.48, down by 5.81%. It has a market cap of US$44.552 million and recorded a trading volume of 6,240,506.
Related Read: Why are these four pharma stocks drawing investors’ attention?
