Small Cap Stocks Worth Watching – May 9th

Nuvve, Asset Entities, Next Technology, AltC Acquisition, Innodata, Webuy Global, and Siyata Mobile are the seven Small Cap stocks to watch today, according to MarketBeat’s stock screener tool. Small-cap stocks are shares of publicly traded companies whose market capitalizations typically range from about $300 million to $2 billion. Because these firms are smaller and often in earlier stages of growth, they can offer higher upside potential than large-cap stocks but also tend to exhibit greater price volatility and lower liquidity. Investors may include them in a diversified portfolio in hopes of capturing outsized returns, while accepting the accompanying risk. These companies had the highest dollar trading volume of any Small Cap stocks within the last several days.

Nuvve (NVVE)

Nuvve Holding Corp., a green energy technology company, provides commercial vehicle-to-grid (V2G) technology platform in the United States, the United Kingdom, France, and Denmark. The company offers Grid Integrated Vehicle platform, which enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provide other grid services, as well as allows EV owners to meet the energy demands of individual vehicles and entire fleets.

NASDAQ NVVE traded up $1.76 during mid-day trading on Friday, reaching $2.90. The stock had a trading volume of 227,138,261 shares, compared to its average volume of 1,584,054. Nuvve has a 1 year low of $0.82 and a 1 year high of $17.30. The company has a fifty day moving average price of $1.22 and a 200 day moving average price of $2.52. The stock has a market cap of $8.90 million, a PE ratio of -0.03 and a beta of 2.00.

Asset Entities (ASST)

Asset Entities Inc., a technology company, provides social media marketing and content delivery services across Discord, TikTok, and other social media platforms. It designs, develops, and manages servers for communities on Discord. The company offers discord investment education, entertainment, and marketing services.

ASST traded up $0.56 during mid-day trading on Friday, reaching $8.25. 49,420,251 shares of the company traded hands, compared to its average volume of 7,535,386. The stock has a market capitalization of $118.91 million, a P/E ratio of -4.25 and a beta of 4.84. The company’s fifty day moving average price is $0.74 and its 200-day moving average price is $0.67. Asset Entities has a 52-week low of $0.34 and a 52-week high of $9.42.

Next Technology (NXTT)

Next Technology Holding Inc. provides technical services and solutions through its social e-commerce platform primarily in Mainland China. It offers YCloud, a micro-business cloud intelligent internationalization system that conducts multi-channel data analysis through the learning of big data and social recommendation relationships, as well as provides users with AI fission and management systems, and supply chain systems.

Next Technology stock traded up $2.26 during trading on Friday, reaching $2.57. The company had a trading volume of 144,081,770 shares, compared to its average volume of 2,026,512. The firm’s 50-day simple moving average is $0.31 and its 200 day simple moving average is $1.31. Next Technology has a 52 week low of $0.22 and a 52 week high of $6.00.

AltC Acquisition (ALCC)

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.

ALCC traded down $0.17 during trading on Friday, reaching $26.95. 10,946,637 shares of the company traded hands, compared to its average volume of 723,393. The firm has a fifty day simple moving average of $24.56 and a 200 day simple moving average of $27.11. AltC Acquisition has a 12-month low of $10.27 and a 12-month high of $18.80.

Innodata (INOD)

Innodata Inc. operates as a global data engineering company in the United States, the United Kingdom, the Netherlands, Canada, and internationally. The company operates through three segments: Digital Data Solutions (DDS), Synodex, and Agility. The DDS segment engages in the provision of artificial intelligence (AI) data preparation services; collecting or creating training data; annotating training data; and training AI algorithms for its customers, as well as AI model deployment and integration services.

NASDAQ INOD traded down $6.05 during trading on Friday, hitting $35.06. 7,414,307 shares of the stock traded hands, compared to its average volume of 1,299,451. The firm has a 50-day simple moving average of $39.06 and a 200-day simple moving average of $39.48. Innodata has a 12-month low of $9.51 and a 12-month high of $71.00. The company has a market capitalization of $1.11 billion, a P/E ratio of 41.25 and a beta of 2.75. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.15.

Webuy Global (WBUY)

NASDAQ WBUY traded up $4.51 on Friday, hitting $11.62. 21,890,780 shares of the stock were exchanged, compared to its average volume of 270,278. The company has a quick ratio of 1.14, a current ratio of 1.16 and a debt-to-equity ratio of 0.03. Webuy Global has a 52-week low of $1.51 and a 52-week high of $96.00. The stock has a fifty day moving average price of $1.62 and a two-hundred day moving average price of $0.65.

Siyata Mobile (SYTA)

Siyata Mobile Inc. engages in the development and sale of cellular-based communications platform in the United States, Canada, Europe, Australia, the Middle East, and internationally. It develops, markets, and sells rugged handheld Push-to-Talk over Cellular smartphone devices for first responders, enterprise customers, construction workers, security guards, government agencies, utilities, transportation and waste management, amusement parks, and mobile workers in various industries.

SYTA stock traded up $0.63 during mid-day trading on Friday, reaching $1.61. The company had a trading volume of 135,396,919 shares, compared to its average volume of 2,189,810. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.03 and a quick ratio of 0.60. The firm has a 50 day moving average of $1.75 and a 200 day moving average of $5.51. The company has a market capitalization of $1.26 million, a PE ratio of 0.00 and a beta of 1.08. Siyata Mobile has a 12 month low of $0.93 and a 12 month high of $885.58.