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Best Tech Penny Stocks

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GreenSky (NASDAQ: GSKY)

GreenSky, based in Atlanta, is a fintech company that specializes in commerce, credit and payment systems. GreenSky’s proprietary technology empowers its platform and enables merchants to provide frictionless payment options to its customers. Its platform has been key in driving increased sales volume and accelerated cash flow for its clients.

GreenSky has a market cap of $888 million and an EPS of $0.27. The fintech stock has an average daily trade volume of 318,000 shares.

4.97 -0.08 (-1.58%)
Volume 59.38K Market Cap 907.43M
4.94 - 5.11
3.05 - 9.84
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Support.com (NASDAQ: SPRT)

Support.com Inc. delivers global support solutions to its customers. Its proven omnichannel solutions are designed for the homesourcing environment, resulting in industry-leading NPS scores and 1st call resolution rates.

The tech stock has a market cap of $33 million and an EPS of $0.14. It trades over 142,000 shares per day. Support.com generated $63,333 million in 2019.

2.08 0.03 (1.46%)
Volume 69.74K Market Cap 40.31M
2.03 - 2.08
0.93 - 2.4546
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Lantronix (NASDAQ: LTRX)

Lantronix Inc. is a global provider of hardware and software solutions for the Internet of Things (IoT) and Out of Band Management (OOBM). These solutions include software integration, application development, a Software-as-a-Service management platform, intelligent edge computing, Wi-Fi and external devices.

The tech stock has a market cap of $145 million. It has a 52-week low of $1.58 and a 52-week high of $5.48. Lantronix trades more than 68,308 shares per day. It generated revenue of $46 million in 2019.

4.51 -0.14 (-3.01%)
Volume 11.81K Market Cap 128.95M
4.44 - 4.63
1.58 - 5.48
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Eltek (NASDAQ: ELTK)

Established in 1970, Eltek is a leading global provider of complex rigid and flex-rigid printed circuit boards. It services customers from the aerospace, medical, military and security industries.

The tech stock has a market cap of more than $16 million and trades over 43,000 shares per day. It has an EPS of $0.48 and a P/E ratio of 7.82. Eltek generated total revenue of $34.8 million in 2019.

In January 2020, Eltek announced that a government authority had exercised its option to extend the contract and placed a follow-on order of $1.4 million to an existing project.

5.60 -0.03 (-0.53%)
Volume 18.46K Market Cap 24.53M
5.5399 - 5.7
2.28 - 6.93
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Weidai (NYSE: WEI)

Weidai is a fintech solution provider that connects money borrowers with both online investors and institutional funding partners. The company’s extensive offline network, seamlessly integrated with its centralized technology platform and risk management system, has enabled numerous fast and highly automated transaction processes.

The fintech stock has a market cap of more than $125 million and trades over 61,000 shares per day. It has an EPS of $0.52 and a P/E ratio of 3.42. It generated total revenue of $303 million in 2019, making it one of the best stocks under $20 to invest in.

In December 2019, Weidai announced that it will shortly apply for an online microcredit company license in an effort to further diversify its business.

1.42 -0.0592 (-4%)
Volume 56.69K Market Cap 100.11M
1.42 - 1.51
0.73 - 5.49
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Tech Penny Stock Movers of the Day

Stay up to date with the latest price movements of tech penny stocks on the market today. You can also have a look at these premarket movers to help you trade stocks before trading sessions open.

The data provided below is intended for educational purposes only, we have included the session dates for your reference.

Premarket Tech Penny Stocks
Symbol Last Price Change % Change Trade
CRNT 4.8282 1.678 53.27% Trade
SEAC 1.62 0.38 30.64% Trade
LPTH 4.78 0.58 13.8% Trade
INPX 1.2711 0.081 6.81% Trade
DUOT 5.705 0.355 6.63% Trade
XELA 0.8225 0.045 5.85% Trade
CYRN 1.18 0.05 4.42% Trade
BOXL 2.18 0.09 4.3% Trade
BSQR 1.87 0.07 3.88% Trade
SREV 1.63 0.06 3.82% Trade
Symbol Last Price Change % Change Trade
SOS 2.21 -0.56 -20.22% Trade
SGLB 3.6798 -0.56 -13.22% Trade
KOSS 2.8542 -0.216 -7.03% Trade
SYNC 1.6 -0.12 -6.98% Trade
MTC 1.97 -0.14 -6.64% Trade
ANY 2.06 -0.14 -6.37% Trade
TCCO 5.46 -0.37 -6.35% Trade
VERB 1.77 -0.11 -5.86% Trade
WTRH 3.06 -0.19 -5.85% Trade
WATT 2.86 -0.17 -5.62% Trade
Market Tech Penny Stocks
Symbol Last Price Change % Change Trade
IDEX 3.67 0.37 11.21% Trade
BOXL 2.28 0.19 9.09% Trade
KOSS 3.34 0.27 8.79% Trade
XELA 0.84 0.063 8.1% Trade
KOPN 3.4 0.22 6.91% Trade
PHUN 1.38 0.06 4.54% Trade
CYRN 1.18 0.05 4.42% Trade
SPRT 2.14 0.09 4.39% Trade
LPTH 4.36 0.16 3.8% Trade
GSKY 5.2 0.15 2.97% Trade
Symbol Last Price Change % Change Trade
SOS 2.32 -0.45 -16.25% Trade
SGLB 4.06 -0.18 -4.25% Trade
WISA 4.2 -0.14 -3.23% Trade
MOGO 5 -0.14 -2.73% Trade
CREX 1.5 -0.04 -2.6% Trade
CLPS 3.41 -0.07 -2.02% Trade
INPX 1.17 -0.02 -1.69% Trade
GVP 1.67 -0.02 -1.19% Trade
CMCM 2 -0.02 -1% Trade
MTC 2.09 -0.02 -0.95% Trade
After Hours Tech Penny Stocks
Symbol Last Price Change % Change Trade
CRNT 5.5 0.65 13.4% Trade
SGLB 3.88 0.22 6.01% Trade
VISL 2.09 0.09 4.49% Trade
EXFO 3.97 0.15 3.92% Trade
CCRC 3.99 0.14 3.63% Trade
SOS 2.26 0.07 3.19% Trade
CTK 2.78 0.085 3.15% Trade
SPRT 2.14 0.06 2.88% Trade
XELA 0.85 0.022 2.65% Trade
SONM 0.8998 0.02 2.25% Trade
Symbol Last Price Change % Change Trade
SEAC 1.51 -0.09 -5.63% Trade
SCKT 2.46 -0.11 -4.29% Trade
JG 3.55 -0.15 -4.06% Trade
IDEX 3.08 -0.1 -3.15% Trade
DTSS 3.3502 -0.09 -2.62% Trade
PHUN 1.31 -0.03 -2.24% Trade
WISA 4.06 -0.09 -2.17% Trade
REFR 3.87 -0.07 -1.78% Trade
CYRN 1.2 -0.02 -1.64% Trade
UTSI 1.8 -0.03 -1.64% Trade

Personal digital devices such as smartphones and tablets have revolutionized life across the globe. Small and microtechnology companies are innovating change at an unprecedented pace and being an early investor in these penny stocks can help you grow your wealth. 

Are you looking for low-cost stocks with high returns? Take a look at these tech penny stocks that are thriving in the market.  

Overview: Tech Penny Stocks

There is no doubt that technology has transformed the lives of people. But most of the tech companies that have helped build that modern infrastructure to make digitalization possible started out small. 

Privately-held tech companies will often make their initial public offering (IPO) before making big price moves in the market. Apart from cutting-edge product launches, new approvals from governing bodies like the Federal Trade Commission or the Federal Communications Commission can drive its stock value to exponential prices. 

Tech stocks are also good for buy-and-hold trading strategies. These tech firms gain value over time by growing their yearly revenue and maintaining a high degree of customer satisfaction. But be careful as investing in these micro-cap companies can be more volatile compared to bigger tech companies.    

Best Online Brokers for Tech Penny Stock

Online brokers let you trade penny stocks, stocks, mutual funds, exchange-traded funds (ETFs) and foreign currencies at the click of a button. These platforms are equipped with tons of educational resources and professional trading tools to help you research your investments better. 

Here’s a rundown of the top online brokers to get you started. 

Best For
Intermediate Traders and Investors
Overall Rating
Get started securely through Webull’s website
Best For
Intermediate Traders and Investors
N/A
1 Minute Review

Webull, founded in 2017, is a mobile app-based brokerage that features commission-free stock and exchange-traded fund (ETF) trading. It’s regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Webull offers active traders technical indicators, economic calendars, ratings from research agencies, margin trading and short-selling. Webull’s trading platform is designed for intermediate and experienced traders, although beginning traders can also benefit.

Webull is widely considered one of the best Robinhood alternatives.

Best For
  • Active traders
  • Intermediate traders
  • Advanced traders
Pros
  • Commission-free trading in over 5,000 different stocks and ETFs
  • No account maintenance fees or software platform fees
  • No charges to open and maintain an account
  • Leverage of 4:1 on margin trades made the same day and leverage of 2:1 on trades held overnight
  • Intuitive trading platform with technical and fundamental analysis tools
Cons
  • Does not support trading in mutual funds, bonds or OTC stocks
Best For
Futures Trading
Overall Rating
Get started securely through TradeStation’s website
Best For
Futures Trading
N/A
1 Minute Review

TradeStation is for advanced traders who need a comprehensive platform. The brokerage offers an impressive range of investable assets as frequent and professional traders appreciate its wide range of analysis tools. TradeStation’s app is also equally effective, offering full platform capabilities.

Best For
  • Advanced traders
  • Options and futures traders
  • Active stock traders
Pros
  • Comprehensive trading platform and professional-grade tools
  • Wide range of tradable securities
  • Fully-operational mobile app
Cons
  • Confusing pricing structure to leave new traders with a weak understanding of what they pay
  • Cluttered layout to make navigating TradeStation’s platform more difficult than it should be
Best For
Options Trading
Overall Rating
Get started securely through TD Ameritrade’s website
Best For
Options Trading
N/A
1 Minute Review

This publicly listed discount broker, which is in existence for over four decades, is service-intensive, offering intuitive and powerful investment tools. Especially, with equity investing, a flat fee is charged, with the firm claiming that it charges no trade minimum, no data fees, and no platform fees. Though it is pricier than many other discount brokers, what tilts the scales in its favor is its well-rounded service offerings and the quality and value it offers its clients.

Best For
  • Novice investors
  • Retirement savers
  • Day traders
Pros
  • World-class trading platforms
  • Detailed research reports and Education Center
  • Assets ranging from stocks and ETFs to derivatives like futures and options
Cons
  • Thinkorswim can be overwhelming to inexperienced traders
  • Derivatives trading more costly than some competitors
  • Expensive margin rates
Best For
Advanced traders
Overall Rating
Get started securely through Moomoo’s website
Best For
Advanced traders
N/A
1 Minute Review

Moomoo is a commission-free mobile trading app available on Apple, Google and Windows devices. A subsidiary of Futu Holdings Ltd., it’s backed by venture capital affiliates of Matrix, Sequoia, and Tencent (NASDAQ: FUTU). Securities offered by Futu Inc., regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Moomoo is another great alternative for Robinhood. This is an outstanding trading platform if you want to dive deep into smart trading. It offers impressive trading tools and opportunities for both new and advanced traders, including advanced charting, pre and post-market trading, international trading, research and analysis tools, and most popular of all, free Level 2 quotes.

Get started right away by downloading Moomoo to your phone, tablet or another mobile device.

Best For
  • Cost-conscious traders
  • Novice traders
  • Active/Advanced traders
Pros
  • Free Level 2 market data for all users who open an account
  • Commission-free trading in over 5,000 different stocks and ETFs
  • Over 8,000 different stocks that can be sold short
  • $0 contract fee for trading options, no commission either
  • Strong market data and analysis tools with over 50 technical indicators
  • Access trading and quotes in pre-market (4 a.m. to 9:30 a.m. ET) and post-market hours (4 p.m. to 8 p.m. ET)
  • No minimum deposit to open an account.
  • Active trading community with more than 100,000 app users
Cons
  • No phone or chat support

Features to Look for in Tech Penny Stock

  1. Positive earnings per share: The earnings per share (EPS) of a company is a measure of its profitability. You can calculate the EPS of a stock by dividing the price of a stock by its total number of outstanding shares. 
  1. Low price-earnings ratio: The price-earnings (P/E) ratio can help you determine if a stock is undervalued or overpriced. The P/E ratio can help you assess the performance of a stock compared to similar tech companies in the same price range.  
  1. Tech innovations: Tech stocks are among the most innovative companies out there. Keeping a close watch on new tech developments and product launches can give you powerful insights about when to buy or sell shares. 

Small Investments for Big Returns

Penny stocks give you an easy entry into the tech industry at incredibly low costs. These micro-companies are dedicated to improving their technology solutions and most of these firms serve global customers. You can consider investing in these tech penny stocks to diversify your portfolio with global stocks at unbelievable prices.  

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