The 4 Most Actively Traded Small Caps This Week: The Daily Price Charts

Small-cap stocks had a good November, with the Russell 2000 index hitting a new 52-week high this week – higher than the high earlier in the month. This price development puts it in the “outperform” class compared to, for example, the Nasdaq 100 and, as another example, the healthcare sector (NYSE: XLV).

It could be that stock buyers have entered the feverish, speculative phase of the investment cycle and that this is leading them to the smaller capitalization stocks that are believed to represent growth and profits. Whatever the case, these four traded more actively than any other in Friday’s low-volume session.

4 small caps are actively traded.

Marathon Digital Holdings.

Friday’s new high just above $30 represents a breakout of previous resistance at $27 in July.

Marathon Digital is involved in cryptocurrency mining and related activities. Earnings per share are down 102% this year, but have risen 138% over the past five years. The debt to equity ratio is .o2. The market capitalization is $8.99 billion.

Kohl’s.

The retail chain has fallen from $27 in May to its current price of $14.97, a loss of 44% at the time.

This year’s returns are down 54% and have fallen 10% over the past five years. Kohl’s has a debt-to-equity ratio of 2. Its market cap is $1.69 billion. The estimated dividend is 13.56% with an ex-date of December 11th.

His and her health.

The new November high of $35 is well above the May low of just over $11. The home and personal care products company’s profit is up 824% this year. There is no 5-year EPS record because the company hasn’t been around that long. The debt to equity ratio is 0.03. The market capitalization is $7.48 billion.

Wolfspeed.

The stock hit a new low this month after a steady downward trend since its June high of nearly $31.

Wolfspeed is a semiconductor company with a market cap of $1.31 billion. Revenues are down 38% this year and 18% over the last five years. The debt-to-equity ratio is 10. It is about twice the book value without a price-to-earnings ratio since there are no profits.

The iShares Russell 2000 ETF:

It’s known on Wall Street as a “small-cap fund” because it’s where money managers come to see how these types of stocks perform. The top 5 sectors consisting of 2000 components are Financials, Industrials, Healthcare, Information Technology and Consumer Discretionary.

The ETF hit a new high in late November, even higher than during the post-election surge earlier this month.

Statistics courtesy of FinViz.com. Charts courtesy of Stockcharts.com.

More analysis and commentary at johnnavin.substack.com.