Exactly 1 month ago, AHT stock hit its 52-week low. However, since that point in time, the stock has rallied back. It has grown over 37% through the month of September and is up by 5% on Friday. This move on the 27th came after Ashford announced it would be creating a platform to raise capital. The company is also expected to release its Q3 financials on September 30th.
Are Any Of These Penny Stocks On Your Watch List Right Now?
Trading the best penny stocks can bring investors large percentage gains within a matter of days. Think about it. In a day some stocks may move less than 1%. We’re talking about stocks like Facebook or Twitter. Penny stocks can move more than 50% on any given day. Learning how to buy penny stocks is a skill.
However, it could prove valuable if you are the type of trader that likes making money with volatility. One of the hardest things to learn is identifying some of the best penny stocks. With this in mind, here’s a list of penny stocks to watch heading into next quarter.
Energy Penny Stocks To Watch
Just Energy Group Inc. (JE)
One energy company we have discussed before is Just Energy Group Inc. JE stock has been one of the top penny stocks to watch for the last few weeks. Just Energy is a company specializing in energy and natural gas commodities, energy solutions, and renewable energy.
As previously discussed in 5 Top Penny Stocks To Watch Before October 1, Just Energy is experiencing one heck of a bounce back. The company hit lows of $1.08 and since then it has rallied all of September.
The energy penny stock is up 78% and had increased by 26.5% on Friday alone. In addition, the volume throughout September has substantially risen compared to previous months this year.
Shipping Penny Stocks To Watch
Performance Shipping Inc. (DCIX)
Normally, shipping companies do not make a lot of noise, however, Performance Shipping Inc. is an exception. Performance shipping provides shipping transportation services through its fleet of 3 vessels. Two are container vessels while the third one is a tanker vessel.
The company announced that it has signed a Memorandum of Agreement to sell a 2006 vessel to a third party. The sale is priced at $20.215 million before commission fees. As a result of this penny stock news, DCIX stock has jumped 7.5%, increasing from $0.9119 to $0.9804.
Healthcare Penny Stocks To Watch
Milestone Scientific Inc. (MLSS)
Not every healthcare company primarily focuses on creating and selling drugs. Some companies like Milestone Scientific Inc. create the delivery devices for some drugs and treatments. The company’s Dynamic Pressure Sensing Technology is improving drug delivery injections and fluid aspiration.
Milestone has had an incredible past 3 months. MLSS stock had been pummeled for months but something caught fire and now it has risen by over 175%. Over the span of these 3 months the company has done quite a few things. It has appointed a new President, released its Q2 financials, and signed a distribution agreement with Paragon Care Limited.
Agile Therapeutics Inc. (AGRX)
Another healthcare company on this list, Agile Therapeutics Inc., focuses on women’s unmet medical needs. It’s obvious that the penny stock was beaten down for the last few weeks. But it was one of the best penny stocks to watch at the end of the month so far.
The company’s lead product is called Twirla and it is a weekly contraceptive patch. It was created through Agile’s transdermal patch technology known as Skinfusion. In addition, the company has another 4 treatments undergoing clinical trials in its pipeline.
On September 27th, Agile’s stock price skyrocketed while more than tripling its average volume. The healthcare penny stock’s price rose over 17% and is now currently hovering at an increase of 7.6%. The stock is currently trading at $1.15 compared to its opening price of $1.06.
Real Estate Penny Stocks To Watch
Ashford Hospitality Trust Inc. (AHT)
The final company on our list of “best penny stocks to watch” is Ashford Hospitality Trust Inc. This has been one of the best penny stocks to watch all month. Ashford is a real estate investment trust focused on upper scale hotels. The company’s portfolio currently boasts 119 properties that account for over 25 thousand rooms.