People choose penny stocks because of the allure of potentially high returns, the ability to buy a large number of shares with a small investment, and the excitement of investing in companies that could experience significant growth. The price/earnings-to-growth, or PEG ratio is a valuation metric used for stocks and a PEG ratio of under [...]
The PEG ratio, which stands for Price/Earnings-to-Growth, compares a company's Price-to-Earnings (P/E) ratio to its expected rate of growth. When the PEG ratio is below 1.0, it suggests that investors may be paying less per unit of earnings growth, making the stock potentially undervalued. Penny stocks are quite popular with small investors because of their [...]
Penny Stock engaged in the business of providing logistics services focused on dry bulk logistics, container freight forwarding, and inland road logistics hit a 10 percent upper circuit following acquisition of a ship. In the day’s trade, the shares of Seacoast Shipping Services Limited hit a 10 percent upper circuit at Rs. 3.90 and its [...]
Penny stocks are the shares of the companies that are available under Rs. 75, with a market capitalization of under Rs. 500 Crores. They are very illiquid and can hit their assigned circuit levels with just a minor increase in the volume of trades. So be aware and don't become greedy by looking at their [...]
