8 Most Volatile Penny Stocks For The High-Risk Investor

volatile penny stocks
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Are you a high-risk investor on a shoe-string budget? Or just looking for volatile penny stocks to watch that are around $1-5 per share? Either way, these 8 picks are for you.

If you’re looking for high-risk investment and fancy yourself as a short term day trader, doing your due diligence on volatile penny stocks is the way to go. Worst case scenario you lose a few hundred dollars.

Be warned, losing your capital is the likely outcome. So don’t invest what you cannot afford to lose and check out our short term trading questions before acting on any Wall Street impulse.

CHECK OUT: 5 lower-risk investment opportunities in 2020.

Disclaimer: The information below should not be considered financial advice. It is for beginner investors who are doing their due diligence on different investments only. Always do your research.

If you’re still here, then check out these super volatile penny stocks:

1. Castlight Health Inc. (CSLT)

  • This time last year CSLT was $1.58 per share.
  • Over 52-weeks, CSLT’s lowest point was $0.60. This occurred in May 2020.
  • Over the last month, this volatile penny stock climbed from $1.21 to $1.38 between mid and late August. Since the start of September CSLT has headed downward in value.
  • In their most recent results, Castlight Health Inc. reported revenue of $35.5-million and a loss per share of $0.03 each. Both of which were better than their estimates.
  • CEO Maeve O’Meara said: “Over the past year, we made two major strategic decisions: our focus on a health plan as a key go-to-market strategy, and investment in high-tech, high-touch solutions. Our momentum in the first half of 2020 validates these decisions.”

2. Houghton Mifflin Harcourt Co. (HMHC)

  • This time last year HMHC was $5.52 per share.
  • By February 19, 2020, the stock had increased to $6.60.
  • By April 20, 2020, the stock had fallen to $1.08.
  • Since April, HMHC has been very volatile. Ranging between $1.08 to $3.43 in August.
  • CEO Jack Lynch said: “The entire teaching and learning community needs to be connected—not as an aspiration but as a necessity. HMH Anywhere provides that connection.” HMH was a product announced in July.

3. Rolls-Royce Holding PLC (RYCEY)

  • This time last year RYCEY was $9.54 per share.
  • Between February, throughout the March COVID-19 market slump, and into early April RYCEY dropped from the above value to a low of $3.01.
  • Analysts believe that RYCEY has been oversold at these levels. With the price falling as low as $1.55 earlier this month (October 2020).
  • Naeem Aslam, chief market analyst at AvaTrade said: “investors are buying the stock as it is way too cheap.”
  • RYCEY has yet to recover from the slump earlier this year and investors are clearly taking advantage of its current price.

4. Cocrystal Pharma Inc. (COCP)

  • This time last year COCP was $2 per share.
  • Throughout 2020, it has flirted with that price twice, once in February 2020, and then between July and August.
  • CEO Dr. Gary Wilcox said earlier this year that “The fundamentals of Cocrystal have never been stronger. Importantly, the Company has a strong cash position, with capital that we expect will be sufficient to fund our operations through 2021.”
  • The company is working on COVID-19 platform technology and antiviral compounds.
  • Between August 3 and September 3, COCP value dropped from $2.36 to $0.86.

5. IZEA Worldwide (IZEA)

  • This time last year IZEA was $0.28 per share.
  • Between April 30 and June 11, 2020, share price climbed from $0.25 to $2.82.
  • From June 11 to June 23, the share price fell from $2.82 to $1.14.
  • IZEA climbed again in August to $1.86, before falling to current values.
  • Due to this volatility over the last several months, IZEA has been on many most volatile penny stocks to watch lists.

CHECK OUT: 5 hot Gen Z products worth doing stock due diligence on.

6. B.O.S. Better Online Solutions Ltd. (BOSC) 

  • B.O.S. Better Online Solutions Ltd. supplies RFID and supply chain solutions.
  • The stocks 52-week low is $1.02, and its 52-week high is $3.35. That peak came in July 2020.
  • Over the last 5-years the stock has ranged between $1.02 and $3.70, showing its volatility.
  • BOSC remains one of the volatile penny stocks worth watching because its best days might be behind it.

CHECK OUT: 10 stocks to watch if you’re on a budget of $10 or less.

7. Amyris Inc. (AMRS)

  • This time last year AMRS was $4.55 per share.
  • Amyris Inc. is probably one of the most volatile penny stocks on this top-5.
  • The 52-week high being $6.07, and the low being $1.40.
  • Since August 5, 2020, the stock value has been falling. From $4.04 to present value.
  • Earlier this year, Amyris Inc. announced a private placement of $200-million shares at $3-each. The stock was trading at $6 at the time.

8. Polar Power, Inc. (POLA)

  • POLA climbed to $6.80 in September 2020. Making its current early October price-point a potential bargain ($4.06).
  • Polar Power, Inc. manufactures power systems to all manner of industries. Including electric vehicle charging.
  • The price in September surged because a peer named SPI announced their Tesla rival. This gave POLA a platform to find gains.