What is actually under $1 stock? It is similar to penny stock where the trading is not more $5. Today, you will hunt a lot of Robinhood stocks under $1 without commission. By the way, Robinhood is a broker that do not the penny stocks trading in OTC. It also offers cheap trading and gives a convenient to the beginners to feel free.
Well, those are some reasons why people choose this platform. The people look for the best stocks under $ 1 here because it is difficult to find in NYSE and NASDAQ.
10 Robinhood Stocks under $1 that exist in NASDAQ and NYSE
Here, this page has prepared 10 under $1 stock that you can meet in Robinhood:
1. Tetraphase Pharmaceuticals (TTPH)
Okay, TTPH trades its stock in $0.40 capitalization and the market price of $21.87 million. Meanwhile, the consensus price target is $4.20 or 941.9%.
2. Sequans Communication (SQNS)
Although the Robinhood stocks under $1 2020 are difficult to meet, it does not mean you will not get it. SQNS trades in NYSE with the stock price of $0.93 capitalization. Then, the price of the market capitalization reaches $76.06 million with a consensus price of $2.2250 or 139,0%.
3. Surge Energy
The company throws the stock price of $0.91 without the market price and consensus.
4. Lilis Energy (LLEX)
Lilis Energy is the independent oil and natural gas with the basic location in Delaware Basin. The company has the stock price on $0.46 capitalization with the market $50.92 million. LLEX holds the consensus achievement while the target of the price is $3.60 (686,9%).
5. Aerpio Pharmaceuticals (ARPO)
Aerpio Pharmaceuticals is the healthcare penny stock to treat some eyesores. It appears on the market exchange with a price of $0.82 capitalization. Meanwhile, the market price reaches $33.12 million. Afterward, the consensus price target is $7.25 or 789.6%.
6. Obalon Therapeutics (OBLN)
You with your obesity problem may visit this company in Carlsbad, California. The stock price here is $0.61 capitalization with a market of 18.65 million. OBLN has the consensus price target on $2.35 or 285.2%.
7. Gemphire Therapeutics (GEMP)
The price of GEMP stock is $0.73, market: $10.09 million, and the consensus price target is $18.25 (2400%).
8. Scana (SCG)
It turns out the capitalization price is $0 with the market price of $642.000,-. There is a dividend result in 1.04% and the consensus price target of $47.50 (1.055.455.6%).
9. Trican Well Service Ltd (TOLWF)
Here, the price of Robinhood stock under 1 Dollar of TOLWF is $0.72. This oil company does not have a market price and the consensus price target.
10. Ideal Power Inc. (IPWR)
It shows the price of $0.35 capitalization where its market price of $5.15 million. Meanwhile, the target of the consensus price is $2.00 or 479.7%.
Pros and Cons of Under 1 Dollar Trading
Unluckily, penny stock trading is still rare so you must work hard to find the best Robinhood stocks under $1. Roughly, what are the cons of this stock? Well, let’s see some information below to make it clear: