Best 5 Robinhood Penny Stocks to Buy in 2022

Penny stocks are a popular investment choice due to high inflation these days. What are we talking about with penny stocks here? Primarily, because they are easy to invest in and are able to make money quickly. Thanks to Robinhood, retail investors have access to the market. As penny stocks break out, you can see the real retail momentum. If you are interested in getting started, you should check out Robinhood Penny Stock List.

Best Robinhood Penny Stocks To Buy:

Historically, Robinhood may not be the most famous platform for trading penny stocks. However, the broker has flourished owing to its easy-to-use interface, which attracts more investors and traders. In this discussion Stocks Telegraph will be discussing the Robinhood penny stock list for investors who trade through Robinhood.

ASAP Inc. (WTRH)

ASAP Inc. (WTRH) stock lost -1.37% to close Monday’s session at $0.14. The stock volume remained at 2.75 million shares, which was lower than the average daily volume of 5.08 million shares within the past 50 days. WTRH shares have fallen by -83.10% over the last 12 months, and they have moved down by -18.04% in the past week. Over the past three months, the stock has lost -6.01%, while over the past six months, it has shed -58.38%. Further, the company has a current market of $28.41 million and its outstanding shares stood at 190.78 million.

According to a U.S. Securities and Exchange Commission filing, Vanguard Total Stock Market Index has reduced its position in ASAP Inc. (WTRH) to 1,921,435 shares, mirroring a recent drop by -26.74%. Vanguard Total Stock Market Index dumped -0.7 million shares of ASAP Inc. common stock bringing its total worth to about $0.5 million at the end of the recent close, SEC documents show. Vanguard Total Stock Market Index isn’t the only investment manager who changed stakes and is followed by Vanguard Extended Market Index Fu, which added 0.21 million shares to end up with 1,778,202 shares worth $0.46 million. Fidelity Extended Market Index Fu cut their holdings by -0.54% in the company over the course of the most recent quarter. It now holds a 0.28% position in ASAP Inc. thanks to 0.53 million shares amounting to $0.14 million.

Aurora Cannabis Inc. (ACB)

The stock of Aurora Cannabis Inc. (ACB) gained 0.82% to complete the last trading session at $1.23. The price range of the company’s shares was between $1.18 and $1.26. It traded 6.13 million shares, which was below its daily average of 10.82 million shares over 100 days. ACB’s shares have gained by 6.03% in the last five days, while they have subtracted by -18.00% in the last month. Further, it is currently trading at a price-to-book ratio of 0.46.

Looking at the support for the ACB, a number of firms have released research notes about the stock. Canaccord Genuity stated their Hold rating for the stock in a research note on September 21, 2022. Cantor Fitzgerald coverage for the Aurora Cannabis Inc. (ACB) stock in a research note released on June 24, 2022, offered an Overweight rating. Cantor Fitzgerald coverage for the Aurora Cannabis Inc. (ACB) stock in a research note released on June 24, 2022, offered an Overweight rating. Stifel was of a view on June 06, 2022, that the stock is on Hold, while MKM Partners gave the stock a Neutral rating on September 28, 2021. Jefferies on their part issued a Hold rating on September 03, 2021.

Protalix BioTherapeutics Inc. (PLX)

Protalix BioTherapeutics Inc. (PLX) stock closed last session at $1.05, increasing 0.83% or $0.01. Shares of the company fluctuated between $1.05 and $1.08 throughout the day. The number of shares exchanged was 87964.0, less than the company’s 50-day daily volume of 0.13 million and lower than its Year-to-date volume of 1.4 million. In the past 12 months, the company’s stock has advanced by -16.00%, and in the last week, the stock has moved up 1.45%. For the last six months, the stock has lost a total of 0.00%, and over the last three months, the stock has decreased by -3.67%. The stock has returned 26.25% so far this year.

Volatility is just a proportion of the anticipated day-by-day value extend—the range where an informal investor works. Greater instability implies a more noteworthy benefit or misfortune. After an ongoing check, Protalix BioTherapeutics Inc. (AMEX: PLX) stock is found to be 3.43% volatile for the week, while 4.21% volatility is recorded for the month. The outstanding shares have been calculated at 49.75M. Based on a recent bid, its distance from 20 days simple moving average is -1.85%, and its distance from 50 days simple moving average is -5.44% while it has a distance of -0.33% from the 200 days simple moving average.

Takung Art Co. Ltd. (TKAT)

Takung Art Co. Ltd. (TKAT) stock was subtracted by -13.75% to finish the last trading session at $0.90. The stock recorded a trading volume of 0.22 million shares, which is below the average daily trading volume published for the last 50 days of 0.17 million shares. The shares of Takung Art Co. Ltd. have retreated 0.23% in the last five days; however, they have lost -38.98% over the last month. The stock price has shed -47.85% over the last three months and has lost -88.20 percent so far this year. Additionally, it has a price-to-sales ratio that stands at 163.18.

Focusing on the company’s market volatility shows that it has a 1-Week Volatility index of 16.45%, and 10.50% for the month. This stock’s Average True Range (ATR) currently stands at 0.12, with the beta factor poised at 3.04. 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.

Hycroft Mining Holding Corporation (HYMC)

On Monday, shares Hycroft Mining Holding Corporation (HYMC) rise 13.70% to close the day at $0.69. The volume of shares traded was 5.05 million, which is lower than the average volume over the last three months of 5.07 million. During the trading session, the stock oscillated between $0.6194 and $0.698. The company had an earnings per share ratio of -1.49. HYMC’s stock has gained 11.92% of its value in the previous five sessions and -4.54% over the past month but has gained 11.99% on a year-to-date basis. The stock’s 50-day moving average of $0.8416 is above the 200-day moving average of $1.0144. Moreover, the stock is currently trading at an RSI of 45.49.

Sprott Eric, 10% Owner, of Hycroft Mining Holding Corporation (HYMC), sold 5,000,000 shares of Hycroft Mining Holding Corporation stock in an exchange that took place on Jun 24. The shares were sold at an average price of 1.27 each, amounting to a total Sale worth $6,375,000. As of the close of the Sale, 10% Owner now directly holds 18,408,240 shares of the organization’s stock, which is now worth about $12701685.6. The deal was disclosed in a Securities & Exchange Commission legal filing, which can be publicly viewed on the SEC website.

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