Promising Small Cap Stocks To Watch Now – April 17th

MoneyLion, MSP Recovery, and Adagio Medical are the three Small Cap stocks to watch today, according to MarketBeat’s stock screener tool. Small cap stocks are shares of companies with a relatively low market capitalization, typically ranging from about $300 million to $2 billion. These companies, while often less established and exhibiting more volatility than larger firms, can present significant growth potential, making them attractive to investors willing to accept higher risk for the chance of greater returns. These companies had the highest dollar trading volume of any Small Cap stocks within the last several days.

MoneyLion (ML)

MoneyLion Inc., a financial technology company, provides personalized products and financial content for American consumers. The company's platform offers access to banking, borrowing, and investing solutions for customers. Its principal products include RoarMoney, an insured digital demand deposit account; Instacash, a cash advance product that gives customers early access to their recurring income deposits; Credit Builder Plus membership program; MoneyLion Investing, an online investment account that offers access to separately managed accounts invested based on model exchange-traded fund portfolios; Roundups, which provides features designed to encourage customers to establish good saving and investing habits; and MoneyLion Crypto, an online cryptocurrency account.

Shares of NYSE:ML traded up $0.30 on Thursday, hitting $86.00. The stock had a trading volume of 2,715,969 shares, compared to its average volume of 223,809. The company has a market capitalization of $973.52 million, a price-to-earnings ratio of 390.91 and a beta of 2.94. MoneyLion has a twelve month low of $36.65 and a twelve month high of $106.82. The firm’s 50 day moving average price is $86.66 and its 200-day moving average price is $77.86.

MSP Recovery (LIFW)

MSP Recovery, Inc., doing business as LifeWallet, operates as a healthcare recovery and data analytics company in the United States and Puerto Rico. The company offers claims recovery services, including services to related parties or third parties to assist entities with pursuit of claims recovery rights.

Shares of NASDAQ LIFW traded up $1.22 during trading on Thursday, reaching $2.50. The company had a trading volume of 86,841,976 shares, compared to its average volume of 468,034. The business’s 50 day moving average price is $1.55 and its 200-day moving average price is $2.02. MSP Recovery has a 52 week low of $1.43 and a 52 week high of $34.00. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.01 and a current ratio of 0.01. The stock has a market cap of $16.41 million, a PE ratio of -0.02 and a beta of -2.38.

Adagio Medical (ADGM)

Adagio Medical Holdings, Inc., a developmental stage medical device company, focuses on the development and commercialization of ablation technologies for the treatment of cardiac arrhythmias. It offers treatment for cardiac arrhythmias, including atrial fibrillation, atrial flutter, and ventricular tachycardia.

Shares of NASDAQ:ADGM traded up $0.92 during trading on Thursday, hitting $1.85. 107,654,302 shares of the company’s stock were exchanged, compared to its average volume of 1,777,832. The company has a quick ratio of 3.90, a current ratio of 4.42 and a debt-to-equity ratio of 0.18. Adagio Medical has a 1-year low of $0.63 and a 1-year high of $9.34. The firm has a 50-day moving average price of $1.02 and a two-hundred day moving average price of $1.65.