Best Nano Cap Stocks Right Now

You can find the best and worst performing nano cap stocks of the day sit below. Check back tomorrow for an updated list.

Read our Advertiser Disclosure.
Contributor, Benzinga
April 11, 2024

Virco Mfg (NASDAQ:VIRC)

Virco Manufacturing Corp is engaged in designing, producing, and distributing quality furniture for the commercial and education markets. The company manufactures an assortment of products, including mobile tables, mobile storage equipment, desks, computer furniture, chairs, and activity tables, folding chairs, and folding tables. Its primary furniture lines are constructed of tubular metal legs and frames, combined with wood and plastic tops, plastic seats and backs, upholstered seats and backs, and upholstered rigid polyethylene and polypropylene shells. Geographically, it operates in the United States and Canada.

$11.17
0[0.00%]
Last update: 4:00PM (Delayed 15-Minutes)
Get Real Time Here
Open-Close-
Vol / Avg.0 / 181.438KMkt Cap182.599M
Day Range- - -52 Wk Range3.540 - 13.080

()

Ever-Glory International Group Inc retails branded fashion apparel and operates as an apparel supply chain solution provider. The company offers apparel to a woman under its various brands such as La go go, Velwin, Sea To Sky, and Idole with over 936 retail locations in China. The firm also offers global apparel supply chain solutions aiming at middle-to-high end casual wear, outerwear, and sportswear brands. It manufactures apparel products in the People’s Republic of China (PRC). It derives most of its revenues from its business in Mainland China and has operations spread across HK China, UK, Europe, United States and Japan

Open-Close-
Vol / Avg.- / -Mkt Cap-
Day Range- - -52 Wk Range- - -

()

Happiness Biotech Group Ltd is a nutraceutical and dietary supplements producer focused on the research, development, manufacturing, and marketing of products made from Chinese herbal extracts. Its products include Lucidum spore powder products, Cordyceps mycelia products, Ejiao solution products, Vitamins, and dietary supplements products, American ginseng products, and others. The company generates maximum revenue from Lucidum spore powder products.

Open-Close-
Vol / Avg.- / -Mkt Cap-
Day Range- - -52 Wk Range- - -

()

Orbital Energy Group Inc. is leading provider of energy infrastructure services. It runs its business in 3 segments – Orbital Gas Systems, Orbital Power Services and Orbital Solar Services.

The energy stock has a market cap of $122 million, a 52-week low of $0.18 and a 52-week high of $4.1. Orbital Energy Group has high liquidity and trades more than 5.5 million shares per day. It generated revenue of $23 million in 2019.

Open-Close-
Vol / Avg.- / -Mkt Cap-
Day Range- - -52 Wk Range- - -

Power REIT (AMEX:PW)

Power REIT is a real estate investment trust (REIT) focused on purchasing properties related to agriculture and alternative energy. The company makes money by investing in these real estate assets and leasing them out to business owners. The company currently owns properties in Colorado, Maine, Pennsylvania and West Virginia.

In many cases the national real estate industry has taken a hit during the pandemic. Power REIT is one of the few REITs that have increased in value during this unstable period, with share prices consistently increasing since March 2020. The company’s reported profits have consistently increased by over $100,000 annually since 2017 as Power REIT shifts its focus to the booming cannabis cultivation industry.

$0.546
0.019[3.61%]
Last update: 6:13PM (Delayed 15-Minutes)
Get Real Time Here
Open-Close-
Vol / Avg.0 / 19.107KMkt Cap1.851M
Day Range- - -52 Wk Range0.500 - 3.600

Investors who are looking for higher risk and more potential profit often turn to nano-cap stock options. A nano cap stock is a stock with a total market capitalization below $50 million. Though very few nano-cap stocks are headline-breaking household names, they may represent a higher potential for growth when compared to large-cap stocks. Many nano cap stocks are also hot stocks under $5, which make them an appealing choice for day traders and scalpers.

Interested in investing in nano cap stocks but aren’t sure where to start? Our guide to nano-cap stocks will help you get started. We’ll also introduce you to a few nano-cap stocks that investors are eyeing.

Quick Look at the Best Nano-Cap Stocks:

Overview: Nano Cap Stocks

A nano cap stock is a stock with a total market capitalization of less than $50 million. You can calculate a company’s market cap by multiplying its current share price by the total number of outstanding shares the company has issued. Nano cap stocks are the smallest stocks by market capitalization.

Nano cap stocks usually represent very small companies and may be riskier investments when compared to large cap and mega cap stocks. Nano stocks are associated with high rates of failure and may be subject to very fast and drastic changes in price. However, nano cap stocks do also offer a number of opportunities not afforded by larger companies. 

Some of the benefits of investing in nano cap stocks include:

  • Lower general stock prices: Many nano cap stocks are also considered “penny stocks,” which are low-priced stocks that draw investors with a limited amount of capital. Investing in nano cap stocks can allow you to buy more shares of stock and invest in more companies because most nano cap stocks are also stocks under $20.
  • Higher potential for growth: Because nano cap stocks are significantly smaller than mid cap or large cap companies, they have a higher potential to change price quickly. This can produce a larger return on your investment if the company does become profitable.
  • More volatility: Nano cap stocks show much larger volatility than larger stocks. While this might not be a positive if you’re a long-term investor, many investors take advantage of this volatility by day trading or scalping nano cap stocks.

Investing in nano cap stocks can be very risky. But if you do your homework and avoid putting all of your financial eggs in one basket, it can also be very rewarding. 

Best Online Brokers for These Stocks

Investing in nano cap stocks (or any type of stocks) begins with finding the right broker and opening an account. If you don’t already have a brokerage account, take a look at a few of our favorites below.  

Features to Look for in Nano Cap Stocks

Nano cap stocks are risky investments, which means that you need to do your due diligence before you invest. Here are a few characteristics to search for when you start investing in nano cap stocks.

  • Trades on a major exchange: Stocks listed on major U.S. exchanges (like the NASDAQ and NYSE) must meet certain financial and filing requirements before they can be bought and sold. This makes it significantly more difficult for companies to artificially inflate their stock’s price. To protect your investment, look for nano cap stocks listed on major exchanges.
  • Has met or beat consensus EPS estimates: A company’s earnings per share (EPS) value is equal to its current revenue minus dividends divided by the current number of shares outstanding. It's normal for nano cap stocks to have negative EPS values — these stocks are usually offered by companies that aren’t fully established yet. Instead of looking at the EPS alone, look at how the company’s current EPS compares to its “consensus EPS,” experts’ estimations on how the stock should be performing. A stock that consistently meets or beats expectations is a good choice.
  • High average trading volume: If you’re a day trader or a trader looking for short-term investments, look for nano cap stocks with a high average daily trading volume. Nano cap stocks with an average daily trading volume of over 100,000 shares will be much more liquid than those with a lower trading volume. 

High Risk, High Reward Potentials

With a wealth of stocks under $10 and limitless potential, investing in nano-cap stocks can be exciting. However, it’s important to remember that nano cap stocks also have significantly higher rates of failure than companies with larger market capitalizations. If you do choose to invest in nano cap stocks, make sure you’re putting your money only into companies that you’ve thoroughly researched — and never invest more than you can afford to lose.    

Q

What is an nano-cap stock?

A

A nano-cap stock is a share of a company worth less than $50 million.

Q

Are nano-cap stocks risky?

A

Nano-capa stocks are risker than many stocks, but offer a higher rate of return.

Q

Are nano-cap stocks expensive?

A

You can nano-cap stocks for under $10.

About Sarah Horvath

Sarah is an expert in the insurance, investing for retirement and cryptocurrency space.