Small Cap Stocks To Consider – February 02nd

ProShares UltraPro Short QQQ, AltC Acquisition, TCTM Kids IT Education, Spring Valley Acquisition, D-Wave Quantum, TeraWulf, and Cyclerion Therapeutics are the seven Small Cap stocks to watch today, according to MarketBeat’s stock screener tool. Small cap stocks are equities issued by companies with a relatively small market capitalization, typically ranging from $300 million to $2 billion. These companies are often newer, less established, and potentially offer higher growth opportunities than larger cap stocks, but also tend to carry higher levels of volatility and risk. These companies had the highest dollar trading volume of any Small Cap stocks within the last several days.

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.

Shares of SQQQ stock traded up $0.18 during mid-day trading on Friday, reaching $29.03. The stock had a trading volume of 73,146,919 shares, compared to its average volume of 54,893,633. ProShares UltraPro Short QQQ has a one year low of $27.23 and a one year high of $64.95. The firm’s 50 day simple moving average is $30.10 and its 200 day simple moving average is $36.45.

AltC Acquisition (ALCC)

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.

Shares of AltC Acquisition stock traded down $0.30 during trading on Friday, hitting $41.61. 26,950,796 shares of the company’s stock traded hands, compared to its average volume of 723,393. The firm’s fifty day moving average price is $24.57 and its 200 day moving average price is $16.31. AltC Acquisition has a twelve month low of $10.27 and a twelve month high of $18.80.

TCTM Kids IT Education (TCTM)

TCTM Kids IT Education Inc., through its subsidiaries, engages in the provision of IT-focused education services in Mainland China. It offers supplementary science, technology, engineering, and mathematics (STEM) education programs to young children aged between three and eighteen through online teaching models and instructors from online or offline learning centers.

Shares of TCTM stock traded up $0.60 during trading hours on Friday, hitting $0.78. The company had a trading volume of 730,270,965 shares, compared to its average volume of 4,482,122. TCTM Kids IT Education has a 12 month low of $0.18 and a 12 month high of $2.99. The firm’s fifty day moving average is $0.66 and its 200 day moving average is $0.89.

Spring Valley Acquisition (SV)

NASDAQ:SV traded up $0.26 during trading hours on Friday, reaching $23.84. The company had a trading volume of 19,651,078 shares, compared to its average volume of 530,580. Spring Valley Acquisition has a one year low of $8.56 and a one year high of $11.23. The stock has a 50-day moving average of $22.60 and a two-hundred day moving average of $16.48.

D-Wave Quantum (QBTS)

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a fifth-generation quantum computer; Ocean, a suite of open-source python tools; and Leap, a cloud-based service that provides real-time access to a live quantum computer, as well as access to Advantage, hybrid solvers, the Ocean software development kit, live code, demos, learning resources, and a vibrant developer community.

D-Wave Quantum stock traded up $0.30 during trading hours on Friday, hitting $5.94. 74,807,079 shares of the stock were exchanged, compared to its average volume of 94,901,232. The stock has a market capitalization of $1.60 billion, a P/E ratio of -14.14 and a beta of 1.16. D-Wave Quantum has a 12 month low of $0.75 and a 12 month high of $11.41. The business’s 50-day moving average is $6.03 and its two-hundred day moving average is $2.82.

TeraWulf (WULF)

WULF traded down $0.24 during trading on Friday, hitting $4.77. The company’s stock had a trading volume of 69,985,954 shares, compared to its average volume of 41,537,984. The firm’s 50 day moving average price is $6.36 and its two-hundred day moving average price is $5.54. TeraWulf has a 12 month low of $1.55 and a 12 month high of $9.30.

Cyclerion Therapeutics (CYCN)

Cyclerion Therapeutics, Inc., a biopharmaceutical company, develops treatments for serious diseases. It is developing Olinciguat, an orally administered vascular soluble guanylate cyclase (sGC) stimulator, which is in Phase 2 clinical trial to out-license for cardiovascular diseases; and Praliciguat, a systemic sGC stimulator that is licensed to Akebia Therapeutics, Inc.

Shares of NASDAQ:CYCN traded up $1.38 during midday trading on Friday, reaching $3.92. The company’s stock had a trading volume of 82,476,167 shares, compared to its average volume of 51,225. The business’s fifty day simple moving average is $3.11 and its 200-day simple moving average is $2.91. Cyclerion Therapeutics has a fifty-two week low of $1.27 and a fifty-two week high of $9.47.