Small Cap Stocks Worth Watching – June 23rd

ProShares UltraPro Short QQQ, Novo Nordisk A/S, AltC Acquisition, BigBear.ai, and Spring Valley Acquisition are the five Small Cap stocks to watch today, according to MarketBeat’s stock screener tool. Small-cap stocks are shares of publicly traded companies with relatively low market capitalizations—typically between about $300 million and $2 billion—though exact thresholds can vary by index or region. Because these firms are smaller and less established than mid- or large-caps, they often offer higher growth potential but also exhibit greater price volatility and risk. These companies had the highest dollar trading volume of any Small Cap stocks within the last several days.

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.

Shares of ProShares UltraPro Short QQQ stock traded down $0.61 during mid-day trading on Monday, reaching $22.22. 111,653,011 shares of the stock traded hands, compared to its average volume of 62,569,046. The business has a 50-day moving average of $27.25 and a 200 day moving average of $30.59. ProShares UltraPro Short QQQ has a fifty-two week low of $21.52 and a fifty-two week high of $57.95.

Novo Nordisk A/S (NVO)

Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products in Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and internationally. It operates in two segments, Diabetes and Obesity Care, and Rare Disease.

Shares of NVO traded down $3.95 during trading hours on Monday, hitting $69.82. 12,821,780 shares of the stock were exchanged, compared to its average volume of 7,138,371. The stock’s 50-day moving average price is $68.41 and its two-hundred day moving average price is $78.27. Novo Nordisk A/S has a 12-month low of $57.00 and a 12-month high of $148.15. The company has a quick ratio of 0.56, a current ratio of 0.74 and a debt-to-equity ratio of 0.70.

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.

Shares of AltC Acquisition stock traded down $4.07 during trading hours on Monday, reaching $57.95. 15,026,112 shares of the company’s stock were exchanged, compared to its average volume of 723,393. The business has a fifty day moving average of $39.04 and a two-hundred day moving average of $32.92. AltC Acquisition has a 1 year low of $10.27 and a 1 year high of $18.80.

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 up $0.12 during trading hours on Monday, hitting $4.12. 173,345,257 shares of the company’s stock traded hands, compared to its average volume of 40,419,092. The company has a market capitalization of $1.20 billion, a PE ratio of -5.22 and a beta of 3.30. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.66 and a quick ratio of 1.66. BigBear.ai has a 52-week low of $1.17 and a 52-week high of $10.36. The firm’s 50-day moving average is $3.51 and its 200-day moving average is $4.03.

Spring Valley Acquisition (SV)

Shares of Spring Valley Acquisition stock traded down $1.96 on Monday, hitting $37.20. 12,288,656 shares of the company were exchanged, compared to its average volume of 530,580. The company has a 50-day moving average price of $25.05 and a 200 day moving average price of $21.63. Spring Valley Acquisition has a 1-year low of $8.56 and a 1-year high of $11.23.