Golden Sun Health Technology Group Leads 3 US Penny Stocks Worth Monitoring

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Golden Sun Health Technology Group Leads 3 US Penny Stocks Worth Monitoring

As the S&P 500 and Nasdaq Composite continue to experience declines, investor sentiment is being tested by economic uncertainties and fluctuating market conditions. Despite these challenges, penny stocks remain a notable segment for investors seeking opportunities in smaller or newer companies. While the term “penny stocks” may seem outdated, it still encapsulates firms that have the potential for growth when backed by strong financials. In this context, certain penny stocks are emerging as intriguing options for those interested in exploring under-the-radar investments with promising prospects.

Name

Share Price

Market Cap

Financial Health Rating

QuantaSing Group (NasdaqGM:QSG)

$3.08

$127.54M

★★★★★★

BAB (OTCPK:BABB)

$0.86379

$6.28M

★★★★★☆

Safe Bulkers (NYSE:SB)

$3.76

$392.77M

★★★★☆☆

Golden Growers Cooperative (OTCPK:GGRO.U)

$4.50

$67.38M

★★★★★★

North European Oil Royalty Trust (NYSE:NRT)

$4.47

$42.83M

★★★★★★

Imperial Petroleum (NasdaqCM:IMPP)

$2.60

$82.81M

★★★★★★

Permianville Royalty Trust (NYSE:PVL)

$1.42

$47.52M

★★★★★★

PHX Minerals (NYSE:PHX)

$4.00

$155.17M

★★★★★☆

Smith Micro Software (NasdaqCM:SMSI)

$1.36

$24.65M

★★★★★☆

CBAK Energy Technology (NasdaqCM:CBAT)

$0.8491

$77.35M

★★★★★☆

Click here to see the full list of 728 stocks from our US Penny Stocks screener.

Let’s take a closer look at a couple of our picks from the screened companies.

Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: Golden Sun Health Technology Group Limited operates in China, offering education services related to medical health, e-commerce live broadcasting, and cultural and tourism services, with a market cap of $5.25 million.

Operations: The company generates revenue from two main segments: Education, contributing $6.30 million, and E-commerce, accounting for $3.86 million.

Market Cap: $5.25M

Golden Sun Health Technology Group, with a market cap of US$5.25 million, operates in China offering education and e-commerce services. Despite revenue growth to US$10.16 million for the year ending September 2024, the company remains unprofitable with a net loss of US$3.71 million. The company’s financial health is concerning; short-term liabilities exceed assets by US$3.2 million, and its net debt to equity ratio is very high at 939.6%. Recent auditor reports express doubts about its ability to continue as a going concern, compounded by delayed SEC filings and limited cash runway despite recent capital raises.

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