Penny Stocks to Watch
DENVER, Colo., Jan. 30, 2023 ( 247marketnews.com )- Stocks trading under $1 that you should watch; Kraig Biocraft Laboratories (OTCQB:KBLB), Phunware (NASDAQ:PHUN), C3is Inc (NASDAQ:CISS), Inspire Veterinary Partners (NASDAQ:IVP), Agape ATP (NASDAQ:ATPC), and Agrify (NASDAQ:AGFY).
Kraig Biocraft Laboratories (OTCQB:KBLB) announced a partnership with Vietnam Sericulture Association (VSA) and the Lam Dong Agro-Forestry Research Experiment Center (LAREC) to enhance and expand silk production in Vietnam. Kraig also reports they are “aggressively working to expand its production capabilities to achieve “metric-ton,” quantities of Spider Silk later this year. The stock is up 25% on this news as of this edit.
Phunware (NASDAQ:PHUN) stock perked up 3.6%, as of this post, with notable volume of more than 57 million shares. The stock hit a low today of $0.25 at the market open, but then shot back up to support in the 28 to 30-cent range.
Phunware’s mission is to achieve unparalleled connectivity and monetization through widespread adoption of Phunware technologies, by leveraging brands, mobile consumers, partners and digital asset holders and market participants. With the activation of Phunware 3.0, Phunware is poised to expand its software products and services audience and verticals, utilize and monetize its patents and other intellectual property rights and interests, and update and reintroduce its digital asset ecosystem for existing holders and new market participants.
C3is (NASDAQ:CISS) is trading in the 13 to 15-cent range after its most recent $7 million funding. The company is on the non-complaint list for bid price since August 24, 2023, which means the company is creeping up on 180 days. This stock should be on watch for upcoming corporate actions.
Inspire Veterinary Partners (NASDAQ:IVP) already traded 51 million shares today and is up more than 20% as of this post. The stock almost doubled in after hours yesterday hitting a momentary high of 30-cents
Inspire Veterinary Partners is an owner/operator of veterinary hospitals across the United States. As the Company expands, it expects to acquire additional veterinary hospitals, including general practice, mixed animal facilities, and critical and emergency care.
For more information, visit www.inspirevet.com.
Agape ATP (NASDAQ:ATPC) is trading at $0.68, up $0.17 (+32.92%), on 37.6M shares traded, after unveiling Expansion Plans and Green Initiatives at Opening Bell Ringing Ceremony.
The event held marks a significant milestone for ATPC and was attended by the Speaker of the Dewan Rakyat, YB Tan Sri Dato’ (Dr.) Johari Bin Abdul; Representing the Honourable Minister of Domestic Trade and Cost of Living YB Datuk Armizan Bin Mohd Ali is Senior Director, Trade, Distribution, and Business Sector, YBhg. Dato’ Rohaizi Bin Bahari; Chairman of SIRIM, YBhg. Datuk Ir (Dr) Khairol Nuar Mohamad Tawi; the NASDAQ ASEAN Investor Relations and IPO Director, Mr. Hiren Krishnani; and guests and business partners from Japan, Australia, Thailand, Singapore, Germany, the United States of America, China, Indonesia, and Taiwan.
Agrify (NASDAQ:AGFY) is trading at $0.7323, up $0.2254 (+44.47%), on 28.1M shares traded.
Agrify is a leading provider of innovative cultivation and extraction solutions for the cannabis industry, bringing data, science, and technology to the forefront of the market. Our proprietary micro-environment-controlled Vertical Farming Units (VFUs), enable cultivators to produce the highest quality products with unmatched consistency, yield, and ROI (return on investment) at scale. Our comprehensive extraction product line, which includes hydrocarbon, ethanol, solventless extraction, post-processing, and lab equipment, empowers producers to maximize the quantity and quality of extract required for premium concentrates.
Website: http://www.agrify.com.
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