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Tag: ARC

  • Crypto Performance Review: Top Weekly Gainers and Losers

    With the crypto market finally showing some much-awaited signs of recovery, bulls did not take much time to react, and rushed the most promising names, as market sentiment improved. Several cryptocurrencies saw their prices take off remarkably in the last seven days. At the time of writing this newsletter, the top weekly gainers stand as follows:

    Crypto

    Top Weekly Gainers

    Niobium Coin

    Among all the winners seen this week, none compare with the sheer magnitude of the rise seen with that of Niobium Coin (NBC). The coin, in just a seven-day period, took on a staggering climb from $0.0018 to its present price of $0.0558, which translates to a whopping weekly gain of over 3000%. This bullish pump comes in spite of having no developments announced whatsoever, and volume has taken off from practically $0 to over $700,000 in hardly three days.

    Tap

    Tap (XTP) is yet another project that brought on an unparalleled take-off throughout the prior week, in its rise from $0.00027 to its present high of $0.00700. This phenomenal price trajectory works out to a weekly gain of almost 2500%, bringing much cheer to those who timed their positions correctly on XTP. The cryptocurrency saw its volume surge from barely $500 to over $2.5 million, as the news announcement came in, relating to the project’s successful RTO and entry into public markets.

    DogeKing

    After a relatively quiet week, DogeKing saw a price explosion yesterday, which tripled its price in a single day, and put its weekly gain figure at a remarkable 248%. Like most winners this week, its volume had also seen an explosive, rather than a steady climb, as it went from less than $5000 to $1.6 million in a matter of days. Most of this growing hype comes from social media meme-coin enthusiasts, who have been rushing their favorite canine-themed player, as the market began its ascent toward recovery.

    Gala

    Another giant winner this week is Gala, which has blown onlookers away, not necessarily due to its weekly gain of 164%, but its sheer volume, which currently stands at $1.54 billion. Gala is the 90th largest name in the crypto-sphere and the widely accepted king of crypto-gaming. It has recently made a string of announcements, including an acquisition of Ember Entertainment, becoming the official token for Town Star Game, and also the Gala film project. Above all, it is a natural beneficiary for improving crypto-market conditions, rising as the bear market approaches its close.

    Shibnobi

    Shibnobi (SHINJA), in a single week, saw its price steadily climb from $0.000058 to its present level of $0.000161, denoting a remarkable 178% weekly gain. With SHINJA almost tripling its price, it boasts a trading volume currently exceeding $5 million. A significant catalyst for this pump seemingly is a recent announcement by developers, that no gas fees or taxes will be charged on SHINJA transactions for the next 29 days.

    Top Weekly Losers

    Where bulls take the rise, bears too naturally follow. This has proven to be especially true in the crypto markets with improving optimism among traders and investors. A number of cryptocurrencies undertook hard falls this week, bringing severe losses to their holders. At the time of writing this newsletter, the following stand as the top weekly losers:

    hiDOODLES

    hiDOODLES continues its losing performance, as we reported in the prior week, and thus once again making it to our list of weekly losers for the second time in a row. In merely 7 days, hiDOODLES saw a sustained price plunge which took it from $0.20 to less than $0.04, essentially shedding 85% of its price. This downward slip comes after the selloff which brought the artificial price pump to a grinding halt.

    Crypto Arc

    Crypto Arc (ARC) has been seeing hard price plunges throughout the week, as well as attempts to fight back, which have all eventually proven to be futile. Throughout the prior week, as talk of a potential rug pull began making the rounds, ARC saw a hard sell-off, which took its price from $0.13, to below $0.07. Volume too has been steadily falling throughout the week, from $5.8 million, to present levels of $1.4 million, further dimming the chances of any meaningful recovery.

    The Paradox Metaverse

    The Paradox Metaverse (PARADOX) has also had the misfortune of making it on our list of top weekly losers. In just seven days, its price trajectory demonstrates how it has halved its price during this period. In its fall from $0.06 to $0.03, its volume continues to steadily decline. Paradox’s decline traces back to its initial launch in the market, upon which point it was trading at $0.10. Prospects for a turnaround seem unlikely based on this momentum and wider volume trends.

    hiMOONBIRDS

    hiMOONBIRDS has been in the market for barely a week, after its ICO, and has been on a declining path since. It has trimmed over half of its initial price of $0.023, given its current price point of $0.011. It is apparent that bulls are backing off from this fight, with volume steadily coming down from $5 million to $900,000 at present. A number of traders continue to watch this trajectory closely, hoping desperately for a bottom to set in.

    THE Protocol

    THE Protocol (THE) is a cryptocurrency that has been in the trade since mid-November and has yet to find the bullish momentum to bring it the gains it seeks. As of yet, there is no end to its downward slip, with a further fall of 45% coming in just the last seven days. Such performance is typically expected of new players and could see a turnaround as developments and major announcements are seen in the future, showing the market some promise for growth.

  • Top 5 Penny Stocks Under 5 Dollars To Buy Right Now

    Stocks that trade under the 5 Dollar mark, which are better known as penny stocks remain a favorite to a significant portion of the financial market. They are especially popular amongst retail traders that seek immediate short-term swings. Furthermore, in many cases, long-term investors identify highly promising penny stocks which they anticipate will eventually soar after several years. The attraction with this class of stock primarily lies in the growth potential they theoretically hold. Hardly any other stock category rises by such an enormous growth factor as one which is at the bottom of its trajectory.

    Additionally, people tend to like holding a large number of assets, as opposed to fewer of them. This psychological motivation is one out of many factors as to why large companies go for stock splits. Given this preference that many hold for penny stocks, we recommend the top 5 stocks trading under $5, which you can add to your portfolio.

    Penny stocks image

    CymaBay Therapeutics

    We begin our list of Stocks Under 5 Dollars with the highly promising biopharmaceutical company, CymaBay Therapeutics (NASDAQ: CBAY). This penny stock is a great long-term investment to consider, especially given the progress the company has made in recent times. Its treatment candidate targeting primary biliary Cholangitis, otherwise known as PBC, has covered some significant milestones, with phase 3 results anticipated by next year. The prior studies each indicated a decrease in patients’ PBC scores, whilst enhancing the survival rate of patients that do not have a transplant carried out.

    For a stock trading at a mere $4.16, these results are incredible in terms of the potential they hint at. The PBC market is presently estimated at being worth $800 million and is likely to reach $2.5 billion, according to trends and statistics. With CymaBay’s candidate anticipated to be the leading treatment mode for the condition, approval for commercialization could be a game changer for the company.

    On the financial front, CBAY stands in a relatively decent position, considering it is in a pre-revenue phase in its lifecycle. The company’s cash and equivalents stand at $193 million, which is a clear indication that each of its studies can be funded without obstacles. Given these aspects, CBAY is an ideal penny stock to consider investing in. As more positive news comes about pertaining to its treatment candidates, we can expect its price to further surge.

    ARC Document Solutions

    The second stock Under 5 Dollars on this list is the digital printing company, ARC Document Solutions (NYSE: ARC). ARC trades at $2.95 and is a stock that holds significant promise, especially for investors that don’t mind facing a certain degree of risk. Trends in the last years have shown decreasing business performance for the company, yet it seems to be making an epic turnaround following the end of the Covid-19 pandemic. Demand for ARC’s specialist printing services has been growing.

    ARC Document Solutions is a master of its craft and prints high-quality materials in a number of different mediums. With 10,800 sites in operation across the United States, the company holds a stellar market position. Moreover, the company has taken a unique approach to offer the full set of advantages to its printing clients, which gives it a significant competitive edge. For one, it offers printer networking services, which allows organizations to remotely connect to the various printers on the network, as well as its own ARC printing centers. It also offers software packages for clients that would allow them to track and subsequently optimize their print usage and expenses.

    The company’s success given its robust market position further reflects in its financial results over the years. 2017 was the worst year for the company, where it incurred a net loss of over $21 million. By 2020, despite Covid-related challenges, it delivered a net profit of an impressive $6.2 million, in comparison to the prior year’s $3 million figure. Its recent most annual earning figure for 2021 stands at an incredible $9.1 million.

    Both these financial trends, as well as its strong market position, make its rise inevitable in the long-term, and a must-buy for those interested in growing penny stocks.

    Assertio Holdings Inc

    Up next, we present the specialty pharmaceutical company, Assertio Holdings Inc (NASDAQ: ASRT). There is much to marvel at about this emerging player, but the most impressive is how far it has progressed and transformed itself in recent years. To put this into context, the last 12 months have seen the S&P500 fall by almost 11%. At the same time, ASRT climbed from $1.20 to $4, indicating a gain of almost 233%.

    The credit for this stellar growth trajectory goes to its fresh management that turned things around for the company. Last year, under the older management structure, cash flow for the company looked dismal, and a poor acquisition of the opioid drug Nucynta was made. Things for Assertio looked bleak. However, with a new management team on board, a number of critical changes were made, significantly boosting the company’s standing and making it one of the finest investments for Stocks Under 5 Dollars. For one, the terrible Nucynta deal was reversed, with the asset being disposed off without delay, and its proceeds used to pay off company debts. This was crucial in enhancing Assertio’s net asset worth and reducing credit risk.

    In addition to debt settlement, the management had gone on to acquire a portfolio of non-steroidal anti-inflammatory drugs. This move proved highly beneficial to the company, as it provided a much-needed boost to its cash flow. Analysts have projected its revenue to climb from $112 million to a whopping $136 million. Similarly, its EBITDA figure is anticipated to climb from $49 million to nearly $72 million.

    With prospects this strong, any stock is sure to continue its epic rise. The penny stock is simply too good to ignore.

    US Global Investors

    The fourth stock  Under 5 Dollars on our list is the small-cap, publicly owned, investment management firm, US Global Investors (NASDAQ: GROW). US Global provides services to both pooled investment vehicles, as well as other investment companies. This is due to the financial expertise its management holds in managing various classes of investment funds.

    There are a number of attraction factors that are inherent to GROW. For one, the company presently holds a market capitalization of $60 million, with its shares priced at nearly $4.20 each. An acquisition offer by Echo Lake Capital and Deer Haven have placed an offer value of $5.30 per share, which implies a company valuation of over $80 million. This indicates a considerable undervaluation, with a rise imminent. However, this offer does not adequately reflect how high GROW’s intrinsic value actually is.

    According to valuation calculations made by the company’s management, GROW’s ETF business alone has a potential valuation of over $100 million. Moreover, its PE ratio is significantly below that of its competitors, further reinforcing undervaluation. This is likely due to the mass sell-off the company’s stock was caught up in, during the prior year, which saw its price shed by nearly 30%. However, its fundamentals remain strong despite the wider panic of the bear market.

    Furthermore, GROW is a debt-free company, which enhances its safety profile, and makes it worth consideration, especially when factoring in the macroeconomic headwinds and recessionary conditions. All of these aspects point to the strength this penny stock holds, and why it is worth including in any investor’s portfolio.

    Safe Bulkers Inc

    The final stock Under 5 Dollars on our list is the dry-bulk transportation services provider, Safe Bulkers Inc (NYSE: SB). This penny stock is a top pick among investors in terms of the incredible discount its price currently trades at. This is evident from its PE ratio of 2.7, which is substantially lower than the industrial average of 16.2.

    In addition to its attractive valuation, SB has always been a favorite amongst shipping investors. This is due to the stability it offers, as well as its prudent financial management. Its 50 dry-bulk vessels offer it exposure to some of the most lucrative shipping markets such as Panamax, Kamsarmax as well as Post-Panamax. For the first quarter of 2022, the company saw its revenue climb to almost $78 million, compared to the prior year’s first quarter figure of $62.5 million. Similarly, its net income rose from $21 million to over $36 million during the same time period.

    At present, the management remains focused on ensuring dividend growth, as well as deleveraging its balance sheet, both of which are likely to catalyze further growth in its share price. Revenue is also likely to increase with time, given that lower-rate legacy charter contracts continue to expire.

    Things are looking good for Safe Bulkers, especially in terms of its growth prospects and financial improvement. The features discussed to make it the ideal penny stock to lock an early position in, and ride its steady growth wave over time.

    Conclusion

    Penny stocks Stocks Under 5 Dollars are a sure way for any investor to see their portfolio get an early boost, given the high growth potential this class of stock offers. With strategic planning and the right choices, you can significantly boost your chances of success for such an investment strategy, by identifying the most promising stocks to buy. Each of the stocks covered in this article showcase stellar opportunities from a wide array of industries and areas. These stocks also hold unique strengths which make growth inevitable and imminent.

  • These 10 Specialty Business Services Industry Stocks Need Your Attention

    These 10 Specialty Business Services Industry Stocks Need Your Attention

    Specialty Business Services Industry includes the consultants, companies, and firms that offer specialty business services. The companies involved in this industry are providing services such as warehousing, information distribution, printing, graphic design, billing and payroll, digital imaging, human resources, and other miscellaneous services. Often, businesses turn towards the specialty business services companies when they are unable to handle the processes in-house.

    Furthermore, these companies are also providing services such as technical writing and editing, and graphics, etc. The industry is continuously striving to meet the client’s expectations and provide them frictionless experience. Specialty business services may also support companies that are downsizing or mechanizing certain processes, or who are outsourcing certain capabilities overseas.

    Here are the top 10 leading companies in the specialty business services industry:

    Document Security Systems Inc. (AMEX: DSS)

    Document Security Systems Inc. (AMEX: DSS) shares were trading up 68.81% at $6.82 at the time of writing on Monday. Document Security Systems Inc. (AMEX: DSS) share price went from a low point around $3.67 to briefly over $15.60 in the past 52 weeks, though shares have since pulled back to $6.82. DSS market cap has remained high, hitting $36.49M at the time of writing, giving it a price-to-sales ratio of more than 2. Document Security Systems Inc. (DSS) has announced its 2020 third-quarter financial results on Monday. It has earlier acquired Impact BioMedica.

    Eastman Kodak Company (NYSE: KODK)

    Eastman Kodak Company (NYSE: KODK) last closed at $7.88, in a 52-week range of $1.50 to $60.00. The Klein Law Firm revealed that a class action complaint has been filed on behalf of shareholders of Eastman Kodak Company (KODK) stating that the Company violated federal securities laws.

    Global Payments Inc. (NYSE: GPN)

    Global Payments Inc. (NYSE: GPN) stock drop by -4.63% to $168.80. The most recent rating by Loop Capital, on September 22, 2020, is at a Buy. Global Payments Inc. (GPN) has announced that it is scheduled to release third quarter 2020 financial results before the market opens on Thursday, October 29, 2020. Global Payments Inc. (GPN)  market cap has remained high, hitting $50.21 Billion at the time of writing.

    Copart Inc. (NASDAQ: CPRT)

    Copart Inc. (NASDAQ: CPRT) shares headed falling, lower as much as -2.02%. The most recent rating by Northcoast, on August 19, 2020, is at a Neutral. Copart Inc. (CPRT) has earlier announced the appointment of three new members to its senior executive leadership team: Chief Operating Officer Steve Powers, Chief Marketing and Product Officer Scott Booker, and Chief Financial Officer John North.

    ABM Industries Incorporated (NYSE: ABM)

    ABM Industries Incorporated (NYSE: ABM) rose 0.64% after gaining more than $0.23 on Monday. ABM Industries Incorporated (ABM) has named Earl Ellis as the Company’s Executive Vice President and Chief Financial Officer, effective November 30, reporting directly to President and Chief Executive Officer, Scott Salmirs.

    IAA Inc. (NYSE: IAA)

    IAA Inc. (NYSE: IAA) last closed at $55.97, in a 52-week range of $21.79 to $59.30. Analysts have a consensus price target of $53.44. IAA Inc. (IAA) revealed the expansion of its Baltimore, Maryland, and Culpeper, Virginia branch locations. The additional acreage at these two locations will accommodate strong customer demand and increased inventory needs for the growing East Coast market.

    ARC Document Solutions Inc. (NYSE: ARC)

    ARC Document Solutions Inc. (NYSE: ARC) stock soar by 5.08% to $1.24. The most recent rating by B. Riley FBR, on November 08, 2018, is at a Buy. ARC Document Solutions Inc. (ARC) revealed its third-quarter expectations for significant quarterly increases in sales and earnings, and continuing strength in cash flow from operations.

    SPAR Group Inc. (NASDAQ: SGRP)

    SPAR Group Inc. (NASDAQ: SGRP) shares headed falling, lower as much as -6.25%. SPAR Group Inc. (SGRP) share price went from a low point around $0.55 to briefly over $1.38 in the past 52 weeks. It has moved up 36.36% from its 52-weeks low and moved down -45.65% from its 52-weeks high. SGRP market cap has remained high, hitting $16.13Million at the time of writing.

    Cintas Corporation (NASDAQ: CTAS)

    Cintas Corporation (NASDAQ: CTAS) fall -2.70% after losing more than -$9.14 on Monday. Cintas Corporation (CTAS) share has fluctuated between the 52-weeks low of $154.33 and a high range of $358.68. It has traded up 113.13% from its 52-weeks low and traded down -8.30% from its 52-weeks high. Cintas Corporation’s market cap has remained high, hitting $34.46 billion at the time of writing.

    Civeo Corporation (NYSE: CVEO)

    Civeo Corporation (NYSE: CVEO) last closed at $0.62, in a 52-week range of $0.34 to $1.54. Civeo Corporation (CVEO) has announced that it is scheduled to release its third-quarter 2020 results on October 28, 2020. It has moved up 82.95% from its 52-weeks low and moved down -59.58% from its 52-weeks high. CVEO market cap has remained high, hitting $108.29 Million at the time of writing.