Sonim Technologies, Dawson Geophysical, and OceanPal are the 3 Penny Stocks to watch on June 17, 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 June 16, 2025. Simply put, Dollar Volume is the number of shares traded on a particular day multiplied by the day’s share price.
Sonim Technologies (SONM) – Sonim Technologies designs and manufactures rugged mobile phones for people working in the harshest conditions, often in mission-critical roles. On June 16, SONM stock had a Dollar Volume of $190.43 million, while its stock price surged by 80.7%.
SONM stock soared on the announcement that the company had received a non-binding, unsolicited indication of interest from DOOGEE. DOOGEE is a Chinese company that manufactures rugged phones and other smart wearable devices. The company offered to buy all of Sonim’s outstanding common shares at $3.60 per share in cash. Sonim announced that the Special Committee of the Board of Directors will evaluate and review the offer once it receives sufficient details. The company added that the committee’s decision will be made in the best interest of its shareholders.
Dawson Geophysical (DWSN) – Dawson Geophysical provides onshore seismic data acquisition and processing services in North America. On Monday, DWSN stock had a Dollar Volume of $154.88 million, while its stock price skyrocketed by 111.7%.
There was no specific news regarding Dawson Geophysical on June 16 to explain the stock price rally. However, investors likely took an interest in the company due to its ties to the oil industry amid the escalated Israel-Iran conflict.
OceanPal (OP) – OceanPal is a shipping transportation company, offering dry bulk shipping services worldwide. Yesterday, the company had a Dollar Volume of $139 million, accompanied by a stock price surge of 44%. There was no specific news about OceanPal on June 16 that could explain the stock’s upward trajectory.
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.