Small Cap Stocks To Watch on February 20th

February 20th is a notable day for investors keeping an eye on small cap stocks. According to recent assessments, there are seven small cap stocks that investors should consider tracking closely: ProShares UltraPro Short QQQ, D-Wave Quantum, AltC Acquisition, XOS, BigBear.ai, Mobile-health Network Solutions, and Scantech AI Systems. Small cap stocks represent shares in companies with a market capitalization between $300 million and $2 billion. Although these stocks are often more volatile and present higher risk compared to large cap stocks, they can also offer substantial growth opportunities. These particular companies have recently experienced significant trading volumes, making them stand out in the small cap sector.

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ aims to provide daily investment results that are three times the inverse of the daily performance of the NASDAQ-100 Index, which includes 100 non-financial companies listed on the NASDAQ. On Thursday, shares of SQQQ increased by $0.46, reaching a price of $26.86, with a trading volume of over 45 million shares. Its 50-day moving average is set at $29.15, while the 200-day moving average stands at $34.95. The stock's 12-month low is $26.21, and the 12-month high is $64.95.

D-Wave Quantum (QBTS)

D-Wave Quantum Inc. is key in the development of quantum computing systems, software, and services globally. They offer a fifth-generation quantum computer called Advantage, along with tools and a cloud service for real-time access to quantum computing resources. On Thursday, shares of QBTS rose by $0.77 to $7.31, with a trading volume exceeding 92 million shares. The company has a market cap of approximately $1.97 billion.

AltC Acquisition (ALCC)

AltC Acquisition Corp. does not currently operate any significant business. It focuses on pursuing mergers, acquisitions, and other business combinations. Its stock price fell by $5.07 on Thursday, reaching $45.12. Average trading volume for this stock was around 14 million shares. The 50-day moving average sits at $32.24, while the 200-day moving average is $20.10.

XOS (XOS)

XOS shares increased by $3.12 during trading on Thursday, hitting $6.25. Over 91 million shares changed hands, a significant jump from the average volume of around 2.8 million. The company has a market cap of $50.16 million and a P/E ratio of -0.94. The stock's recent trading reflects high volatility, with a one-year low of $2.92 and a high of $14.86.

BigBear.ai (BBAI)

BigBear.ai specializes in AI-powered decision solutions across various sectors including national security and supply chain management. Its stock traded down by $0.56 on Thursday, reaching $7.31 with a trading volume of about 47 million shares. The market cap is currently at $1.84 billion, with a P/E ratio of -8.02 and an impressive beta of 3.17, reflecting substantial volatility.

Mobile-health Network Solutions (MNDR)

Mobile-health Network Solutions provides telehealth services in Singapore. The company saw an increase of $0.42, reaching $0.75 with a trading volume surpassing 384 million shares on Thursday. Its ecosystem connects users to healthcare providers through its innovative platform. The stock's average price in the past 50 days is $0.32.

Scantech AI Systems (STAI)

Scantech AI Systems Inc. is a provider of AI-based security screening solutions, headquartered in Ontario, Canada. Shares of STAI rose by $0.76 on Thursday, reaching $3.90, with trading volume of 65 million. The stock has visited a one-year low of $1.23 and a high of $5.20.

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