3 Penny Stocks to Watch Now, 5/27/25

Imunon, MicroAlgo, and Powell Max are the 3 Penny Stocks to watch on May 27, 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.

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 May 23, 2025, since the U.S. stock markets were closed on May 26 in honor of Memorial Day. Simply put, Dollar Volume is the number of shares traded on a particular day multiplied by the day’s share price.

Imunon, Inc. (IMNN) – Imunon is a clinical-stage biotechnology company focused on developing proprietary immunology and DNA-based platforms and products for treatment of cancer. On May 23, IMNN had a Dollar Volume of $479.75 million, while its stock price skyrocketed by 179.2%.

On Friday, the company announced positive results from its Phase 2 OVATION 2 Study of its lead drug candidate, IMNN-001. This study focused on evaluating IMNN-001 as a treatment for advanced ovarian cancer. Following these encouraging Phase 2 results, the company plans to now move forward with a Phase 3 OVATION 3 Study of the drug. Shares jumped on May 23 in reaction to this news.

MicroAlgo Inc. (MLGO) – MicroAlgo is a Chinese technology company registered in the Cayman Islands. The company’s solutions help customers by integrating central processing algorithms with software and/or hardware, thus enhancing end-user satisfaction while also saving costs and reducing power consumption. MLGO had a Dollar Volume of $217.42 million on Friday, while its stock price dropped by 14.8%.

Although there was no specific news about MicroAlgo on May 23, shares have been on a steady decline in the past month, losing over 76%.

Powell Max Limited Class A (PMAX) – Powell Max is a holding company incorporated in the British Virgin Islands and operates through its Hong-Kong-based subsidiary, JAN Financial Press Limited. JAN Financial offers services such as financial printing, corporate reporting, communications, and language support services from inception to completion. On May 23, PMAX had a Dollar Volume of $187.22 million, accompanied by a stock price surge of 57.4%.

On Friday, Powell Max announced that it had entered into a Termination Agreement with YA II PN Ltd. to end their Standby Equity Purchase Agreement and Registration Rights Agreement, both initially established on November 21, 2024. The termination indicates that neither party has any further obligations or liabilities to the other under these agreements.

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.