Investors and traders benefit from pre-market movers because that helps them find out future market trends early. ECNs or alternative trading systems (ATSs) can be used for trading pre-market movers. Due to the limited liquidity and volume of these markets, bid-ask spreads are usually wide. Generally, retail brokers only accept a limited number of order types in pre-market movers.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Watch out for these premarket movers.
Lordstown Motors
Lordstown Motors Corp. (RIDE) shares were rising 14.59% to trade at $2.12 in pre-market at last check. RIDE’s stock lost -4.15% to close Monday’s session at $1.85. The stock volume remained at 5.57 million shares, which was higher than the average daily volume of 3.58 million shares within the past 50 days. RIDE shares have fallen by -66.96% over the last 12 months, and they have moved up by 2.21% in the past week. Over the past three months, the stock has lost -21.61%, while over the past six months, it has shed 3.64%. Further, the company has a current market of $374.63 million and its outstanding shares stood at 200.82 million.
BURLESON & CO. LLC bought a fresh place in Lordstown Motors Corp. (NASDAQ: RIDE). The institutional investor bought 121.5 thousand shares of the stock in a transaction that took place on 9/30/2022. In another most recent transaction, which was held on 9/30/2022, PURE FINANCIAL ADVISORS, INC. bought approximately 27.8 thousand shares of Lordstown Motors Corp. In a separate transaction that took place on 9/30/2022, the institutional investor, VICTORY CAPITAL MANAGEMENT, INC. bought 18.9 thousand shares of the company’s stock. The total Institutional investors and hedge funds own 30.90% of the company’s stock.
Ocuphire Pharma
Ocuphire Pharma Inc. (OCUP) has advanced 28.37% at $2.67 in pre-market trading hours on the last check Tuesday. The stock of OCUP lost -5.02% to complete the last trading session at $2.08. The price range of the company’s shares was between $2.08 and $2.1899. It traded 0.86 million shares, which was above its daily average of 82960.0 shares over 100 days. OCUP’s shares have dropped by -11.49% in the last five days, while they have subtracted -11.11% in the last month. Further, it is currently trading at a price-to-book ratio of 2.77.
A recent spot check on the stock’s support and resistance revealed that the publicly-traded Ocuphire Pharma Inc. (NASDAQ: OCUP) shares are trading at a price close to -25.71% lower than its 90-day high. On the other hand, the stock is +10.64% away from its low in the 90-day period. More broadly, OCUP’s current price is -62.18% away from its 52-week high. The price is 16.85% above its 52-week low.
NeuroBo Pharmaceuticals Inc. (NRBO)
At last check in pre-market trading, shares of NeuroBo Pharmaceuticals Inc. (NRBO) were up 25.46% at $2.71. NRBO’s stock closed the last session at $2.16, decreasing -17.24% or -$0.45. Shares of the company fluctuated between $2.16 and $2.67 throughout the day. The number of shares exchanged was 0.27 million, less than the company’s 50-day daily volume of 0.81 million and higher than its Year-to-date volume of 0.2 million. In the past 12 months, the company’s stock has advanced -96.40%, and in the last week, the stock has moved down -71.87%. For the last six months, the stock has lost a total of -84.58%, and over the last three months, the stock has decreased by -81.82%. The stock has returned -94.10% so far this year.
Focusing on the company’s market volatility shows that it has a 1-Week Volatility index of 25.81%, and 17.37% for the month. This stock’s Average True Range (ATR) currently stands at 1.41, with the beta factor poised at -0.04. The indicator of Volatility helps exhibit the extent to which a stock is likely to plummet or climb when the rest of the market also dips or surges. If a stock has a beta score above 1, then its rate of volatility is high. Figures lower than 1, therefore, mean that the stock’s volatility at that particular moment is low.
Hims & Hers Health Inc. (HIMS)
Hims & Hers Health Inc. (HIMS) shares have gained 20.56% at $5.57 in Tuesday’s premarket session. Hims & Hers Health Inc.’s stock added 8.71% to finish the last trading session at $4.62. The stock recorded a trading volume of 3.92 million shares, which is below the average daily trading volume published for the last 50 days of 1.43 million shares. The shares of Hims & Hers Health Inc. have retreated 1.76% in the last five days; however, they have lost -14.13% over the last month. The stock price has shed -27.01% over the last three months and has lost -44.54 percent so far this year. Additionally, it has a price-to-sales ratio that stands at 2.57.
Volatility is just a proportion of the anticipated day-by-day value extension—the range where an informal investor works. Greater instability implies more noteworthy benefit or misfortune. After an ongoing check, Hims & Hers Health Inc. (NYSE: HIMS) stock is found to be 6.25% volatile for the week, while 6.22% volatility is recorded for the month. The outstanding shares have been calculated at 203.95M. Based on a recent bid, its distance from 20 days simple moving average is 2.90%, and its distance from the 50-day simple moving average is -13.45% while it has a distance of -7.76% from the 200-day simple moving average.
Taoping Inc. (TAOP)
Taoping Inc. (TAOP) is rising on the charts today, up 14.78% to trade at $0.689 at the last check in premarket trading. On Monday, shares in Taoping Inc. fell -1.64% to close the day at $0.60. The volume of shares traded was 11932.0, which is lower than the average volume over the last three months of 146.53K. During the trading session, the stock oscillated between $0.60 and $0.6792. The company had an earnings-per-share ratio of 0.14. TAOP’s stock has lost -2.71% of its value in the previous five sessions and -5.98% over the past month but has lost -68.24% on a year-to-date basis. The stock’s 50-day moving average of $0.6532 is above the 200-day moving average of $1.1505. Moreover, the stock is currently trading at an RSI of 41.98.
According to a U.S. Securities and Exchange Commission filing, MW Asset Management – Optimum has added its position in Taoping Inc. (TAOP) to 306,729 shares, mirroring a recent increase of 20.53%. MW Asset Management – Optimum added 52256.0 shares of Taoping Inc. common stock bringing its total worth to about $0.19 million at the end of the recent close, SEC documents show. MW Asset Management – Optimum isn’t the only investment manager who changed stakes and is followed by Fidelity Nasdaq Composite Index E, which sold off 126.0 shares to end up with 24,235 shares worth $15001.0. Fidelity Nasdaq Composite Index F cut their holdings by 0.00% in the company over the course of the most recent quarter. It now holds a 0.02% position in Taoping Inc. thanks to 3739.0 shares amounting to $2314.0.
