While it is true that there is a lot of interest in penny stocks due to the possibility of making considerable gains for a relatively low investment, it is also true that many of those stocks are quite thinly traded. The trading volumes may often be low and there may be a certain degree of volatility as well. Hence, investors often look for penny stocks which are being actively traded. This article is going to give you a look into four penny stocks which are being traded actively.
Wearable Health Solutions Inc (OTCMKTS:WHSI) – The wearable health devices industry is on the up and for good reason too, as people become more and more conscious about their health. There are now plenty of companies which are involved in this sectors and Wearable Health Solutions Inc is one of the many.
It is a relatively small company when compared to many of its peers but one thing that investors need to keep in mind is that the company has already launched its products into the market. There could be more products to follow soon and that makes Wearable Health Solutions an interesting proposition for investors.
The company was actually in the news not too long ago on August 18 when it announced that it was soon going to launch its new range of 4G products. Peter Pizzino, who is the President of the company, noted at the time that Wearable Health Solutions had received the requisite inventory and the products were going to be launched through the vendor and dealer networks.
It was also announced at the time that the launch was to take place in the month of August. It is now going to be interesting to see if the latest launch leads to any traction for the Wearable Health Solutions stock.
Viking Energy Group Inc (OTCMKTS:VKIN) is one of the top stocks to watch in coming sessions. Back on August 29, 2022 its majority owned subsidiary unit Viking Protection Systems LLC had made a key announcement.
Viking Protection Systems announced at the time that it had submitted a new patent application for its electric transmission protection technology to the United States Patent & Trademark Office. It should be noted that the application in question was a continuation of filings that had been made in the past by Viking Protection Systems.
Cartel Blue Inc (OTCMKTS:CRTL) – The next one to make it to the list of these penny stocks is Cartel Blue Inc. While there has been no news about the company in recent days, it may still be a good idea to take a look at the company’s business. It is described as a cause-commerce apparel company and is focussed on the development of eco-friendly apparel in the United States.
The main products that it focusses include premium cotton jeans and sportswear for both women and men. In the past the company had been known as Revenge Designs Inc but back in 2015, it changes its name to Cartel Blue Inc. The company is based out of Long Beach in California.
SusGlobal Energy Corp (OTCMKTS:SNRG) – SusGlobal Energy Corp, which is best known for its organic pathogen-free liquid fertilizer product SusGro, announced its financial results for the second fiscal quarter back on August 24, 2022.
The performance was not particularly great as the revenues slumped to $110143, which reflected a year on year drop of as much as 48%. The company noted that the reduction in revenues was primarily due to the changes in its customer base. That being said, the stock is still active on the bourses.
Mass Megawatts Wind Power Inc (OTCMKTS:MMMW) – If you are looking for penny stocks in the renewable energy space then the Mass Megawatts Wind Power Inc stock could be one to look into. Back on August 31, the company had announced that it had managed to further enhance its Solar Tracking technology and that was going to help in boosting energy production by as much as 7%. The technology is still at patent pending stage.
