Best Small Cap Stocks To Watch Now – May 6th

Direxion Daily PLTR Bull 2X Shares, FARO Technologies, Pasithea Therapeutics, SolarEdge Technologies, BigBear.ai, Cantor Equity Partners, Inc. Class A Ordinary Shares, and AltC Acquisition are the seven Small Cap stocks to watch today, according to MarketBeat’s stock screener tool. Small-cap stocks are shares of publicly traded companies with relatively small market capitalizations—typically defined as those valued between about $300 million and $2 billion. Because these companies are often in earlier stages of growth, small caps can offer higher upside potential but also tend to be more volatile and carry greater risk than larger, more established firms. Investors include small-cap stocks in their portfolios both to diversify and to pursue above-average long-term returns, while managing the downside of increased price swings and lower liquidity. These companies had the highest dollar trading volume of any Small Cap stocks within the last several days.

Direxion Daily PLTR Bull 2X Shares (PLTU)

Shares of NASDAQ:PLTU traded down $13.86 during trading on Tuesday, hitting $41.56. 12,145,052 shares of the stock were exchanged, compared to its average volume of 3,294,208. The company has a fifty day simple moving average of $33.03. Direxion Daily PLTR Bull 2X Shares has a 12-month low of $16.61 and a 12-month high of $69.40.

FARO Technologies (FARO)

FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional measurement, imaging, and realization solutions worldwide. The company offers FaroArm, a combination of a portable articulated measurement arm, a computer, and CAM2 software programs; FARO Laser Tracker, a combination of a portable large-volume laser measurement tool, a computer, and CAM2 software programs; FARO Laser Projector, which provides a virtual template that operators and assemblers can use to position components; FARO Laser Scanning Portfolio to measure and collect a cloud of data points for 3D rendering of an object or area; and FARO Mobile Laser Portfolio provides 3D scanning while attached to other mobile devices, such as drones for metrology, reverse engineering, factory automation, building information modeling, public safety, and other applications.

FARO Technologies stock traded up $10.88 during trading hours on Tuesday, hitting $42.33. The stock had a trading volume of 8,964,443 shares, compared to its average volume of 224,321. The stock has a market capitalization of $813.74 million, a price-to-earnings ratio of -120.95 and a beta of 1.49. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.17 and a quick ratio of 1.83. FARO Technologies has a 1-year low of $13.52 and a 1-year high of $42.82. The stock’s fifty day moving average is $27.81 and its two-hundred day moving average is $26.95.

Pasithea Therapeutics (KTTA)

Pasithea Therapeutics Corp., a biotechnology company, engages in discovery, research, and development of treatments for central nervous system disorders, RASopathies, and other diseases. Its lead product candidate PAS-004, a next-generation macrocyclic mitogen-activated protein kinase, or MEK inhibitor for use in the treatment of a range of RASopathies, including neurofibromatosis type 1 oncology indications.

NASDAQ:KTTA traded up $0.10 during mid-day trading on Tuesday, hitting $1.52. 221,926,693 shares of the company’s stock traded hands, compared to its average volume of 1,854,038. The company has a market cap of $4.10 million, a PE ratio of -0.12 and a beta of 0.54. The firm’s 50 day simple moving average is $1.30 and its 200 day simple moving average is $2.24. Pasithea Therapeutics has a 1 year low of $0.92 and a 1 year high of $7.69.

SolarEdge Technologies (SEDG)

SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. It operates in two segments, Solar and Energy Storage.

Shares of SEDG stock traded up $1.83 during trading hours on Tuesday, hitting $14.75. The company’s stock had a trading volume of 11,912,716 shares, compared to its average volume of 4,303,031. The company has a current ratio of 1.95, a quick ratio of 1.46 and a debt-to-equity ratio of 0.56. The business has a fifty day moving average of $14.65 and a 200-day moving average of $14.64. SolarEdge Technologies has a twelve month low of $10.24 and a twelve month high of $61.70. The stock has a market cap of $871.12 million, a price-to-earnings ratio of -0.47 and a beta of 1.50.

BigBear.ai (BBAI)

BigBear.ai Holdings, Inc. provides artificial intelligence-powered decision intelligence solutions. It offers national security, supply chain management, and digital identity and biometrics solutions. The company also provides data ingestion, data enrichment, data processing, artificial intelligence, machine learning, predictive analytics, and predictive visualization solutions and services.

NYSE:BBAI traded down $0.11 during trading hours on Tuesday, reaching $3.10. 52,225,506 shares of the company traded hands, compared to its average volume of 27,302,441. The company has a debt-to-equity ratio of 2.08, a current ratio of 2.06 and a quick ratio of 2.06. The firm’s 50-day moving average is $3.25 and its 200-day moving average is $3.60. The stock has a market cap of $902.39 million, a P/E ratio of -3.41 and a beta of 3.32. BigBear.ai has a 1-year low of $1.17 and a 1-year high of $10.36.

Cantor Equity Partners, Inc. Class A Ordinary Shares (CEP)

Shares of NASDAQ:CEP traded down $3.86 on Tuesday, hitting $30.05. The company had a trading volume of 4,785,266 shares, compared to its average volume of 1,092,159. Cantor Equity Partners, Inc. Class A Ordinary Shares has a 52-week low of $9.99 and a 52-week high of $59.75. The business has a 50 day moving average of $14.85 and a 200 day moving average of $11.89.

AltC Acquisition (ALCC)

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.

ALCC stock traded down $0.77 during trading on Tuesday, hitting $25.47. The stock had a trading volume of 5,554,045 shares, compared to its average volume of 723,393. AltC Acquisition has a 1-year low of $10.27 and a 1-year high of $18.80. The company’s 50 day moving average price is $24.96 and its two-hundred day moving average price is $27.05.