After hours movers are the stocks bought and sold in an after-hours market. The after-hours market opens at 4 p.m. U.S. Eastern Time following the close of the major U.S. stock exchanges. It is possible for after-hours trading to continue until 8 p.m., but the volume usually dwindles much earlier for the aftermarket movers. Electronic communication networks (ECNs) are used for trading in the after-hours.
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When news breaks after the stock exchange closes, after-market movers can be used by traders or investors. Sometimes, news, such as earnings announcements, may trigger after-market movers to act.
After-hours movers Stock may experience a spike in volume on the initial release of news, but it usually diminishes as the session advances. By 6 p.m., the volume slows down significantly. Illiquid stocks are risky to trade after business hours.
Unlike the billions of shares traded during normal business hours, after-hours sessions trade at a tiny fraction of that level. Is it possible to make money trading in an after-hours market? It’s possible, but you need to do your homework first.
In this article, we are presenting you with the 5 best aftermarket movers to invest in right now.
SAI.TECH Global Corporation (SAI)
SAI.TECH Global Corporation (SAI) shares were rising 49.56% to trade at $3.38 in after-hours at last check. SAI’s stock lost -26.14% to close Thursday’s session at $2.26. The stock volume remained 0.9 million shares, which was higher than the average daily volume of 0.26 million shares within the past 50 days. SAI shares have moved down by -64.96% in the past week. Over the past three months, the stock has lost -43.64%, while over the past six months, it has shed -77.08%. Further, the company has a current market of $29.04 million and its outstanding shares stood at 5.84 million.
BLACKROCK FUND ADVISORS bought a fresh place in SAI.TECH Global Corporation (NASDAQ: SAI). The institutional investor bought 4.6 thousand shares of the stock in a transaction that took place on 6/30/2022. In another most recent transaction, which was held on 6/30/2022, UBS SECURITIES LLC bought approximately 1.3 thousand shares of SAI.TECH Global Corporation In a separate transaction that took place on 6/30/2022, the institutional investor, SUSQUEHANNA FINANCIAL GROUP LLLP sold 10.1 thousand shares of the company’s stock. The total Institutional investors and hedge funds own 0.30% of the company’s stock.
First Wave BioPharma Inc. (FWBI)
First Wave BioPharma Inc. (FWBI) has advanced 20.00% at $1.74 in after-hours trading hours on the last check Thursday. The stock of FWBI lost -3.97% to complete the last trading session at $1.45. The price range of the company’s shares was between $1.39 and $1.54. It traded 0.32 million shares, which was below its daily average of 0.55 million shares over 100 days. FWBI’s shares have gained by 11.54% in the last five days, while they have subtracted by -55.38% in the last month.
A recent spot check on the stock’s support and resistance revealed that the publicly-traded First Wave BioPharma Inc. (NASDAQ: FWBI) shares are trading at a price close to -84.29% lower than its 90-day high. On the other hand, the stock is +21.85% away from its low in the 90-day period. More broadly, FWBI’s current price is -98.64% away from its 52-week high. The price is 21.85% above its 52-week low.
SOBR Safe Inc. (SOBR)
At last check in after-hours trading, shares of SOBR Safe Inc. (SOBR) were up 6.74% at $2.06. SOBR’s stock closed the last session at $1.93, decreasing -21.86% or -$0.54. Shares of the company fluctuated between $1.60 and $2.00 throughout the day. The number of shares exchanged was 2.67 million, greater than the company’s 50-day daily volume of 2.45 million and higher than its Year-to-date volume of 0.89 million. In the past 12 months, the company’s stock has advanced by -79.58%, and in the last week, the stock has moved up 11.56%. For the last six months, the stock has lost a total of -77.02%, and over the last three months, the stock has increased by 94.91%. The stock has returned -78.34% so far this year.
Focusing on the company’s market volatility shows that it has a 1-Week Volatility index of 29.47%, and 32.95% for the month. This stock’s Average True Range (ATR) currently stands at 0.48, with the beta factor poised at 2.06. The indicator of Volatility helps exhibit the extent to which a stock is likely to plummet or climb when the rest of the market also dips or surges. If a stock has a beta score above 1, then its rate of volatility is high. Figures lower than 1, therefore, mean that the stock’s volatility at that particular moment is low.
T2 Biosystems Inc. (TTOO)
T2 Biosystems Inc. (TTOO) shares have gained 6.04% at $0.1123 in Thursday’s after-hours session. T2 Biosystems Inc.’s stock subtracted -1.85% to finish the last trading session at $0.11. The stock recorded a trading volume of 8.5 million shares, which is below the average daily trading volume published for the last 50 days of 50.06 million shares. The shares of T2 Biosystems Inc. have retreated 18.46% in the last five days; however, they have lost -13.13% over the last month. The stock price has shed -34.43% over the last three months and has lost -88.23 percent so far this year. Additionally, it has a price-to-sales ratio that stands at 1.14.
Alliance Global Partners downgraded the T2 Biosystems Inc. (NASDAQ: TTOO) stock from Buy to Neutral and set the price target of $2.40. The rating was come-out on January 27, 2021. Another research note published on October 08, 2020, by BTIG Research, initiated the stock to Buy and gave a price target of $2.50 to TTOO stock. Janney downgraded the company stock from Buy to Neutral in a research paper released on November 26, 2019. Analysts at Alliance Global Partners revealed in a research note on August 01, 2019, said the stock is downgraded from Buy to Neutral. In a research paper which was published recently on July 31, 2019, analysts from Janney downgraded the T2 Biosystems Inc. stock from Buy to Neutral.
PepGen Inc. (PEPG)
PepGen Inc. (PEPG) is rising on the charts today, up 11.12% to trade at $9.29 at last check in after-hours trading. On Thursday, shares in PepGen Inc. fell -23.51% to close the day at $8.36. The volume of shares traded was 1.69 million, which is higher than the average volume over the last three months of 196.52K. During the trading session, the stock oscillated between $8.32 and $10.47. The company had an earnings per share ratio of -2.27. PEPG’s stock has gained 69.57% of its value in the previous five sessions and -10.78% over the past month but has lost -35.14% on a year-to-date basis. The stock’s 50-day moving average of $9.61. Moreover, the stock is currently trading at an RSI of 51.73.
PepGen Inc. (PEPG) has a 20-day trading average of $7.74 and the current price is -50.79% off the 52-week high compared with a 93.52% distance from its 52-week low. The 50-day simple moving average of the closing price is $9.61. If we look at the stock’s price movements over the week, volatility stands at 35.43%, which decreases to 17.13% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 51.73 to suggest the stock is neutral.