MGO Global Inc., Moleculin Biotech, and Sacks Parente Golf, Inc. are the 3 Penny Stocks to watch on February 18, 2025, based on TipRanks’ Penny Stock Screener tool. Penny stocks are defined as stocks that trade at or below $5 per share and have a market capitalization of below $300 million.
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The Penny Stock Screener helps investors scan stocks based on numerous parameters, including Sector, Price Target Upside, Smart Score, Analyst Consensus, Dollar Volume, and Price Change.
We leveraged the tool to pick the top three penny stocks with the highest Dollar Volume as of the close on February 14, 2025 (U.S. Markets were closed on February 17 for President’s Day). Simply put, Dollar Volume is the number of shares traded on a particular day multiplied by the day’s share price.
MGO Global Inc. (MGOL) – MGO Global operates a brand acceleration platform and is engaged in acquiring, optimizing, and monetizing consumer brands worldwide. On February 14, MGOL had a Dollar Volume of $299.21 million, while its stock price fell by 15.1%. MGOL stock was trending down by 26.1% in pre-market trading as of writing.
The stock price decline seems to be a reversal from Thursday’s surge when MGOL stock skyrocketed over 85%. MGO Global announced that its shareholders approved the business combination with Heidmar, Inc. at a Special Meeting of Shareholders. Heidmar engages in the pool management business, serving the dry bulk, crude oil, and refined petroleum tanker markets through an asset-light model. The business combination is expected to close this week, and the combined company will operate under the name Heidmar Maritime Holdings Corporation. The company will trade with a new ticker symbol, “HMR,” on the Nasdaq Capital Market exchange.
Moleculin Biotech (MBRX) – Moleculin Biotech is a clinical-stage pharmaceutical company that is focused on developing treatments for hard-to-treat tumors and viruses. MBRX stock had a Dollar Volume of $297.92 million on Friday, accompanied by a stock price surge of 71.7%.
Moleculin stock has been on an uptrend since February 13, when the company announced that it received positive feedback and guidance from the U.S. FDA on its IND amendment. This will allow Moleculin to reduce the size of its Phase 3 pivotal trial protocol evaluating Annamycin in combination with Cytarabine for the treatment of Acute Myeloid Leukemia (AML) patients “who are refractory to or relapsed after induction therapy.” In the past two trading sessions, MBRX stock has exploded over 419%.
Sacks Parente Golf, Inc. (SPGC) – Sacks Parente Golf offers a wide range of golf products, including putting instruments, golf shafts, and golf grips. SPGC’s Dollar Volume stood at $116.71 million on February 14, while its stock price rose by 49.1%.
There was no specific news for Sacks Parente Golf on Friday. However, SPGC stock has been on an uptrend lately, gaining over 206% in the past month.
To find more penny stocks like these, you can take a look at TipRanks’ Penny Stock Screener tool. It shows a list of all penny stocks, their price movement, and other vital data.
