Ryde Group Ltd., Reliance Global Group, and Lion Group Holding are the 3 Penny Stocks to watch on June 19, 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 18, 2025. Simply put, Dollar Volume is the number of shares traded on a particular day multiplied by the day’s share price.
Ryde Group Ltd. (RYDE) – Ryde Group is a Singapore-based ride-hailing and car-pooling service provider. On June 18, RYDE stock had a Dollar Volume of $255.12 million, accompanied by a stock price surge of 155%.
Ryde’s shares soared in reaction to the company’s news of acquiring a 40% stake in Singapore’s electric vehicle rental company, Atoll Discovery. Atoll boasts a fleet of nearly 100 fully electric BYD (BYDDF) autos and stands to be a major beneficiary of the city’s push toward a low-emission transport ecosystem. The city-state has a plan of deploying about 60,000 EV charging points and eliminating internal combustion engine (ICE) vehicles by 2040.
Reliance Global Group (RELI) – Reliance Global is an InsurTech company, offering broad-based insurance solutions. Yesterday, RELI stock had a Dollar Volume of $145.79 million, while its stock price jumped by 34.6%.
The company secured a private placement for up to $6.75 million at Nasdaq market prices. Notably, it will receive $2.5 million upfront by issuing 1.49 million shares at $1.68 each, plus warrants for nearly 3 million more shares at $1.43 each. If all warrants are exercised within two years, RELI could raise an extra $4.25 million.
Lion Group Holding (LGHL) – Hong Kong-based Lion Group operates a professional investment platform, offering a wide range of financial services. On Wednesday, LGHL had a Dollar Volume of $112.20 million, while its stock price rose by 19.8%.
The company announced that it has secured a $600 million facility from ATW Partners to launch its Hyperliquid (HYPE) Treasury and on-chain initiative, which will help strengthen the expansion of its existing derivatives business into decentralized markets. Additionally, LGHL announced the relaunch of its cryptocurrency operations, which it had previously halted due to market volatility.
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.