It can be difficult to find a deal in the stock market regardless of current market conditions. For the last decade, stocks have traded well above historical average P/E ratios. Fortunately there are still a handful of undervalued stocks in corners of the market that most investors ignore. These penny stocks all have a super-low share price of $0.05 or less and are sorted by average trading volume in dollars. These companies are considered the most actively-traded stocks priced under $0.05.
#1 - Loop Media
NYSEAMERICAN:LPTV- Stock Price:
- $0.03 (-$0.00)
- P/E Ratio:
- -0.09
- Market Cap:
- $2.43 million
- Average Trading Volume:
- 1.54 million shares
- Consensus Rating:
- Buy (2 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $1.00 (3,233.3% Upside)
Loop Media, Inc. operates as a multichannel digital video platform media company in the United States. The company offers hand-curated music video content licensed from major and independent record labels, including Universal Music Group, Sony Music Entertainment, and Warner Music Group; and non-music video content, which is licensed or acquired from third parties, such as action sports clips, drone and atmospheric footage, trivia, news headlines, lifestyle channels, and kid-friendly videos, as well as movie, television and video game trailers, and other content. It distributes its content and advertising inventory to digital screens located in out-of-home (OOH) locations primarily through its owned and operated platform (the O&O Platform) of Loop Media-designed small-box streaming Android media players and legacy Screenplay computers; and screens on digital platforms owned and operated by third parties. The company is headquartered in Burbank, California.
#2 - BIOLASE
NASDAQ:BIOL- Stock Price:
- $0.01 (-$0.01)
- P/E Ratio:
- 0.00
- Market Cap:
- $247,000.00
- Average Trading Volume:
- 2.58 million shares
- Consensus Rating:
- Moderate Buy (2 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $1.20 (16,116.2% Upside)
BIOLASE, Inc., together with its subsidiaries, develops, manufactures, markets, and sells laser systems for dental practitioners and their patients in the United States and internationally. Its dental laser systems allow dentists, periodontists, endodontists, pediatric dentists, oral surgeons, and other dental specialists to perform a range of minimally invasive dental procedures, including cosmetic, restorative, and complex surgical applications. The company offers Waterlase all-tissue dental laser systems for cutting soft and hard tissues; diode soft-tissue laser systems for soft tissue, hygiene, temporary pain relief, teeth whitening, and cosmetic procedures; and Epic Hygiene laser to manage non-surgical periodontitis and enhance clinical production. It also manufactures and sells consumable products and accessories for its laser systems, as well as markets flexible fibers and hand pieces; and sells teeth whitening gel kits. The company sells its products through its field sales force and distributor network. The company was formerly known as BIOLASE Technology, Inc. and changed its name to BIOLASE, Inc. in 2012. BIOLASE, Inc. was founded in 1984 and is headquartered in Foothill Ranch, California.
#3 - Mondee
NASDAQ:MOND- Stock Price:
- $0.03
- P/E Ratio:
- -0.03
- Market Cap:
- $2.89 million
- Average Trading Volume:
- 287,836 shares
- Consensus Rating:
- Moderate Buy (3 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $3.63 (10,884.8% Upside)
Mondee Holdings, Inc. operates as a travel technology company in the leisure and corporate travel markets in the United States and internationally. The company operates through two segments, Travel Marketplace and SaaS Platform. The Travel Marketplace segment primarily engages in sale of airline tickets through its platform. The SAAS Platform segment offers corporate travel cost savings solutions through its technology platform. The company connects a network of leisure travel and gig economy workers, vacation homes, hotels, packaged solutions, and ancillary offerings. The company was founded in 2011 and is headquartered in Austin, Texas.
#4 - Nextech3D.AI
OTCMKTS:NEXCF- Stock Price:
- $0.03 (-$0.00)
- Market Cap:
- $4.58 million
- Average Trading Volume:
- 237,341 shares
- Consensus Rating:
- Buy (1 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $0.25 (725.1% Upside)
Nextech3D.AI Corporation provides augmented reality technologies, wayfinding technologies, and 3D model services. It focuses on creating 3D WebAR photorealistic models for the prime ecommerce marketplace, as well as other online retailers. The company was formerly known as NexTech AR Solutions Corp. and changed its name to Nextech3D.AI Corporation in September 2023. Nextech3D.AI Corporation was incorporated in 2018 and is headquartered in Toronto, Canada.
#5 - TRACON Pharmaceuticals
NASDAQ:TCON- Stock Price:
- $0.03 (-$0.01)
- P/E Ratio:
- 0.01
- Market Cap:
- $110,000.00
- Average Trading Volume:
- 120,908 shares
- Consensus Rating:
- Hold (0 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $60.00 (186,235.4% Upside)
TRACON Pharmaceuticals, Inc., a biopharmaceutical company, focuses on the development and commercialization of novel targeted therapeutics for cancer in the United States. Its clinical stage products include envafolimab (KN035), a PD-L1 single-domain antibody for the treatment of refractory soft tissue sarcoma; and YH001, an investigational humanized cytotoxic T-lymphocyte-associated protein 4 IgG1 monoclonal antibody that is in Phase I clinical trial for the treatment of various cancer indications. The company's clinical stage products also include TRC102, a small molecule that is in Phase II clinical trial for the treatment of mesothelioma, and in Phase I clinical trial to treat solid tumors, lung cancer, and glioblastoma; and TJ004309, a CD73 antibody that is in Phase I clinical development for the treatment of solid tumors. In addition, it is developing bispecific antibodies, which are in preclinical stage. It has collaboration and license agreements with 3D Medicines Co., Ltd. and Jiangsu Alphamab Biopharmaceuticals Co., Ltd. for the development of envafolimab; I-Mab Biopharma for the development of CD73 antibody TJ004309 and bispecific antibodies; and cooperative research and development agreement with National Cancer Institute. The company was formerly known as Lexington Pharmaceuticals, Inc. and changed its name to TRACON Pharmaceuticals, Inc. in March 2005. TRACON Pharmaceuticals, Inc. was incorporated in 2004 and is headquartered in San Diego, California.
#6 - Medicine Man Technologies
OTCMKTS:SHWZ- Stock Price:
- $0.04 (-$0.01)
- Average Trading Volume:
- 55,072 shares
- Consensus Rating:
- Buy (1 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $2.50 (6,150.0% Upside)
Medicine Man Technologies, Inc., doing business as Schwazze, engages in the cultivation, manufacturing, distribution, and retail sale of cannabis and cannabis related products in Colorado and New Mexico. It operates through Retail, Wholesale, and Others segments. The company offers loose flower, concentrates, edibles, pre-rolls, topicals, infused beverages, and other associated cannabis products produced by cannabis vendors; and cannabis and non-cannabis products. It operates retail cannabis dispensaries under the Star Buds, Emerald Fields, Standing Akimbo, Everest Cannabis Co., and R. Greenleaf brand names. In addition, the company sells indoor gardening supplies and hydroponics through its online and retail store. Medicine Man Technologies, Inc. was incorporated in 2014 and is headquartered in Denver, Colorado.
#7 - MetaWorks Platforms
OTCMKTS:MWRK- Stock Price:
- $0.01 (+$0.00)
- P/E Ratio:
- -0.09
- Market Cap:
- $707,000.00
- Average Trading Volume:
- 226,363 shares
- Consensus Rating:
- Hold (0 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- N/A
MetaWorks Platforms, Inc. provides blockchain and Web3 development platform. It offers turnkey set of services for companies to develop and integrate blockchain and cryptocurrency technologies into their business operations. The company provides business development and technical services; blockchain and technology program management services; customer development services; business launch services; and post-business launch support services. The company was formerly known as CurrencyWorks Inc. and changed its name to MetaWorks Platforms, Inc. in August 2022. MetaWorks Platforms, Inc. was incorporated in 2010 and is based in Fairfield, California.
#8 - eFFECTOR Therapeutics
NASDAQ:EFTR- Stock Price:
- $0.00
- P/E Ratio:
- 0.00
- Market Cap:
- $1,000.00
- Average Trading Volume:
- 278,163 shares
- Consensus Rating:
- Buy (1 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $24.00 (11,999,900.0% Upside)
eFFECTOR Therapeutics, Inc., a biopharmaceutical company, engages in the development of selective translation regulator inhibitors (STRIs) for the treatment of cancer. The company's lead product candidates comprise Tomivosertib, an oral small-molecule inhibitor of MNK that is in phase 2b clinical trial for the treatment of patients with metastatic non-small cell lung cancer; and Zotatifin, a small molecule inhibitor of eukaryotic initiation factor 4A (eIF4E), which is in Phase 1/2 clinical trial to treat patients with solid tumors, as well as completed Phase 2a open-label expansion cohort in combination with fulvestrant and abemaciclib to treat patients with ER+ breast cancer. The company has a research collaboration and license agreement with Pfizer Inc. to research and develop small molecules that target eIF4E. eFFECTOR Therapeutics, Inc. was incorporated in 2012 and is headquartered in Solana Beach, California.
#9 - COMSovereign
NASDAQ:COMS- Stock Price:
- $0.00 (+$0.00)
- Market Cap:
- $6,000.00
- Average Trading Volume:
- 10,323 shares
- Consensus Rating:
- Buy (1 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $3.00 (130,334.8% Upside)
COMSovereign Holding Corp. provides various solutions for network operators, mobile device carriers, governmental units, and other enterprises worldwide. The company offers packet microwave solutions that transmit broadband voice, video, and data, as well as enable service providers, government agencies, enterprises, and other organizations; harmony enhanced MC; fastback intelligent backhaul radio (IBR); and in-band full-duplex technology. It also provides tethered drones and aerostats for use in intelligence, surveillance, reconnaissance, and tactical communication, as well as communication platform for national defense and security customers; and edge compute capable 4G LTE and 5G network radio. In addition, the company offers repairs, support and maintenance, drones, consulting, and warranties as well as other services. The company was formerly known as Drone Aviation Holding Corp. and changed its name to COMSovereign Holding Corp. in November 2019. COMSovereign Holding Corp. was incorporated in 2014 and is based in Tucson, Arizona.