Penny stocks are the share of a small company that trades for around $5 per share or less. While some penny stocks trade on large exchanges such as the New York Stock Exchange (NYSE), most trade over the counter (OTC) through OTCBB (electronic OTC Bulletin Board or through privately owned OTC Markets Group).
Exela is a business process company that offers software and services for accounting, and human resources management, The company has announced several new contracts and partnerships including expanding its existing relationship with Mastercard Inc. (MA) in Europe.
SOS Ltd. is a China-based holding company offering financial services such as consumer credit, emergency rescue services, and insurance products through subsidiaries. The company provides a consumer lending marketplace for customers in China.
Boxlight provides interactive technology solutions such as displays, collaboration software, as well as audio and campus communication solutions. The company targets to serve schools, businesses, and governments.
Desktop Metal Inc. manufactures 3D printers and other equipment used to build complex parts. The company serves industries such as aerospace, healthcare, consumer products, and heavy industry. The Q3 results for 2021 reported dramatically widening net losses Year on Year on more than 900% revenue growth.
The KULR Technology Group is a holding company that develops and commercializes thermal management technologies through its subsidiary KULR Technology Corp. The focus is on electronics, batteries, and other components for aerospace, military, and commercial applications.