Best Penny Stocks Worth Watching – April 19th

Adagio Medical, JetBlue Airways, Applied Digital, Plug Power, and China SXT Pharmaceuticals are the five Penny stocks to watch today, according to MarketBeat’s stock screener tool. Penny stocks are low-priced shares of small companies, typically trading below $5 per share, often on less-regulated exchanges or over-the-counter markets. Due to their low liquidity and limited market transparency, these stocks can be highly volatile and risky investments. These companies had the highest dollar trading volume of any Penny stocks within the last several days.

Adagio Medical (ADGM)

Adagio Medical Holdings, Inc., a developmental stage medical device company, focuses on the development and commercialization of ablation technologies for the treatment of cardiac arrhythmias. It offers treatment for cardiac arrhythmias, including atrial fibrillation, atrial flutter, and ventricular tachycardia.

NASDAQ ADGM traded up $0.86 on Friday, hitting $1.78. 115,115,884 shares of the stock were exchanged, compared to its average volume of 859,018. Adagio Medical has a 52-week low of $0.63 and a 52-week high of $9.34. The company has a quick ratio of 3.90, a current ratio of 4.42 and a debt-to-equity ratio of 0.18. The stock has a fifty day moving average price of $1.05 and a two-hundred day moving average price of $1.64.

JetBlue Airways (JBLU)

JetBlue Airways Corporation provides air transportation services. The company operates a fleet of Airbus A321, Airbus A220, Airbus A321neo, Airbus A320 Restyled, Airbus A320, Airbus A321 with Mint, Airbus A321neo with Mint, Airbus A321neoLR with Mint, and Embraer E190 aircraft. It also serves 100 destinations across the United States, the Caribbean and Latin America, Canada, and Europe.

NASDAQ:JBLU traded up $0.25 during mid-day trading on Friday, hitting $3.67. 42,433,896 shares of the stock traded hands, compared to its average volume of 18,577,210. The company has a quick ratio of 1.18, a current ratio of 1.10 and a debt-to-equity ratio of 3.08. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of -1.57 and a beta of 1.69. JetBlue Airways has a 52 week low of $3.34 and a 52 week high of $8.31. The firm’s 50 day moving average is $5.43 and its two-hundred day moving average is $6.40.

Applied Digital (APLD)

Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services.

Shares of APLD traded down $0.14 during mid-day trading on Friday, reaching $3.94. 36,300,379 shares of the company’s stock traded hands, compared to its average volume of 28,302,324. The stock’s 50-day moving average is $6.78 and its two-hundred day moving average is $7.78. Applied Digital has a 12 month low of $2.36 and a 12 month high of $12.48. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.77 and a quick ratio of 0.77. The stock has a market cap of $885.39 million, a P/E ratio of -2.28 and a beta of 5.18.

Plug Power (PLUG)

Plug Power Inc. develops hydrogen and fuel cell product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen-fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenKey, an integrated turn-key solution for transitioning to fuel cell power.

PLUG stock traded down $0.02 during midday trading on Friday, reaching $0.90. The company’s stock had a trading volume of 128,899,897 shares, compared to its average volume of 50,787,252. The firm has a market capitalization of $832.94 million, a price-to-earnings ratio of -0.42 and a beta of 2.07. Plug Power has a 1 year low of $0.87 and a 1 year high of $4.90. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.95 and a current ratio of 2.08. The stock has a fifty day simple moving average of $1.47 and a two-hundred day simple moving average of $1.95.

China SXT Pharmaceuticals (SXTC)

China SXT Pharmaceuticals, Inc., a pharmaceutical company, engages in the research, development, manufacture, marketing, and sale of traditional Chinese medicine pieces (TCMP) in China. The company offers advanced, fine, and regular TCMP products, and raw medicinal material, such as ChenXiang, SanQiFen, HongQi, SuMu, JiangXiang, CuYanHuSuo, XiaTianWu, LuXueJing, XueJie, ChaoSuanZaoRen, HongQuMi, ChuanBeiMu, HuangShuKuiHua, WuWeiZi, DingXiang, RenShen, QingGuo, JueMingZi, and ShaRen.

SXTC traded up $1.17 on Friday, reaching $2.16. 51,628,792 shares of the company traded hands, compared to its average volume of 313,066. The firm has a fifty day simple moving average of $3.14 and a two-hundred day simple moving average of $3.56. China SXT Pharmaceuticals has a one year low of $0.97 and a one year high of $11.92.