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You shouldn’t overlook this month’s best stocks under $1

As with the rest of the economy, the turmoil of Covid-19 has also affected blue-chip stocks and stocks under $1. As new strains of the disease are spreading, it is clear that the pandemic has not yet been eradicated globally. This has led to more volatility and uncertainty in the financial markets. Even with all of this going on, blue-chip stocks are flat, though the best stocks below $1 are doing better.

Because there are no set rules, penny stocks are generally thought to be relatively easy to invest in. Due to their volatility, under $1 stocks are speculative investments, so buying them allows you to profit from market fluctuations.

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It is important to understand how volatile the best stocks under $1 are so that you can invest safely.

For safe and informed investment decisions, conducting relevant research is crucial. If one is aware of the proper metrics and fundamentals, investing in the best stocks under $1 is just as easy as it is to invest in Fortune 500 stocks.

GEE Group Inc. (AMEX: JOB) shares soared during Monday’s trading session, gaining $0.02 to see the stock exchange hands at $0.50 per unit. At the moment, the company has a debt-to-equity ratio of 0.23. Following the trades, the stock’s 52-week low price has moved to $0.44 with the JOB share now at $2.17 for its 52-weeks high.

Multiple groups of Wall Street analysts have recently been drawn to the job stock, with those at Alliance Global Partners Upgrade the stock to a “Buy” a Neutral. The analysts released their assessment via a research note they published on July 02, 2020. Analysts at Maxim Group maintained their earlier rating, although they did drop the stock’s price target to $8 from $10. Over at Maxim Group, the analysts restated the earlier stance about GEE Group Inc. shares, rating the shares “a Buy.” in a note released October 31, 2016. The analysts have also fallen their price target for JOB from $$11 to $$9.

The Great Panther Mining Limited (AMEX: GPL) went down by -3.82% in Monday’s trading session, a fall equivalent to -$0.02 from the previous market close price. The lowest point that the shares touched during the trading session were $0.37, while the peak of the day was recorded at a share price of $0.40. GPL finished the previous session at $0.40 according to the data provided by Barchart, while the trading volume was observed to be 3.78 million.

With this outlook, analysts have a consensus recommendation rating of 2.30 for the stock, suggesting that investors buy the stock. ROTH Capital issued a stock update for Great Panther Mining Limited (GPL) on August 10, 2017, in which the firm assigned a “Buy” rating. H.C. Wainwright on October 22, 2014, rated the stock at “a Buy,”. 5 analysts offering their rating for the stock are split like this: 1 of the 5 rates it as a Hold; 4 see it a buy, while 0 say it is overweight. Although bearish, it is notable that the stock is well above its 200-day simple moving average by -43.60%, while it is -19.27% below and -16.08% below its SMA50 and SMA20 respectively. The volume of shares traded in the last session stands at 3.78 million against a 3-month average of 1.71M.

With over 16.27 million Tonix Pharmaceuticals Holding Corp. (TNXP) shares trading Monday and a closing price of $0.56 on the day, the dollar volume was approximately 16.27 million. The shares have shown a negative weekly performance of -3.98% and its price on 11/08/21 gained nearly 1.57%. Currently, there are 331.28M common shares owned by the public.

Tonix Pharmaceuticals Holding Corp.’s stock (NASDAQ: TNXP) has been rated as Buy by ROTH Capital. This latest rating was contained in a recent research note published by the firm on April 18, 2019, and has set a $4 price target for the stock. Some experts on Wall Street have also posted a report on Tonix Pharmaceuticals Holding Corp. (TNXP) stock.

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