Hot Penny Stocks On The Move

 A penny stock, also known as an OTC or Over-The-Counter stock, typically references a stock that trades for less than $5 per share. Penny stocks are often extremely high risk but can potentially offer extremely high rewards, so buyers need to perform their due diligence. Fortunately, Barchart’s Hot Penny Stocks list can serve as a solid jumping-off point for investors. This page displays the best penny stocks making the biggest moves over the last 5 days. Sorted by 5-day percent change, and with a 5-day average volume greater than the 20-day average volume, these penny stocks are showing a consistent pattern in trading volume and price activity over the last week.

Hot Penny Stocks On The Move

 Top penny stocks this quarter include Ardelyx Inc., Snowline Gold Corp., and Nordic American Tankers Ltd., which have each climbed over 100% in the last year while the small-cap Russell 2000 index has dropped 17% and the large-cap Russell 1000 has shed 13%.

Penny stocks are defined as equities that typically trade at $5 a share or less. Owning them can be risky because they have low liquidity and trade mostly over-the-counter (OTC), incurring higher trading costs. These equities have come under increasing scrutiny by the Securities and Exchange Commission amid multiple high-profile fraud cases.

Here are the top penny stocks in three categories: best value, fastest growth, and most momentum, respectively. All stock data are as of March 21 and all index data are as of March 26.