Top performing penny stocks this quarter are Ardelyx Inc., Snowline Gold Corp., and Nordic American Tankers Ltd., each experiencing over 100% growth in the last year. This surge contrasts with the small-cap Russell 2000 index’s 17% drop and the large-cap Russell 1000’s 13% decline.

Penny stocks, typically priced at $5 or less per share, are considered risky due to low liquidity and predominantly over-the-counter trading, leading to higher transaction costs. The Securities and Exchange Commission has heightened scrutiny on these stocks following various high-profile fraud cases.

Let’s delve into three categories of the top penny stocks: best value, fastest growth, and most momentum, based on data as of March 21 for stocks and March 26 for indices.

### Best Value Penny Stocks

These penny stocks boast the lowest 12-month trailing price-to-earnings (P/E) ratios, indicating a lower cost for potential profit returns through dividends or buybacks.

| **Stock** | **Price ($)** | **Market Cap ($M)** | **12-Month Trailing P/E Ratio** |
|———————–|—————|———————|———————————|
| Cemex SAB de CV (CXMSF) | 0.50 | 7,243.9 | 0.5 |
| ECN Capital Corp. (ECNCF) | 2.42 | 593.8 | 0.6 |
| Marfrig Global Foods SA (MRRTY) | 1.33 | 869.1 | 1.0 |

**Source:** YCharts

– **Cemex SAB de CV:** Mexican building products company operating across the Americas, Africa, and Europe. Received a $3.2 million award in February from the U.S. Department of Energy for a joint decarbonization project.
– **ECN Capital Corp.:** Canadian financing firm serving various financial institutions, reported earnings of $0.02 per share in Q4 2022.
– **Marfrig Global Foods SA:** Brazilian food processing company, the world’s second-largest beef producer.

### Fastest Growing Penny Stocks

These stocks lead in growth based on a model combining year-over-year revenue and earnings-per-share (EPS) growth in the latest quarter, ensuring a balanced assessment of company performance.

| **Stock** | **Price ($)** | **Market Cap ($M)** | **EPS Growth (%)** | **Revenue Growth (%)** |
|———————–|—————|———————|——————–|————————|
| Inter & Co. Inc. (INTR) | 1.50 | 602.7 | 960.6 | -2.3 |
| Brandywine Realty Trust (BDN) | 4.71 | 808.8 | 466.7 | 2.8 |
| Lloyds Banking Group PLC (LYG) | 2.32 | 38,799.5 | 350.2 | 6.3 |

**Source:** YCharts

– **Inter & Co. Inc.:** Brazilian investment holding company with interests in digital banking, recently acquiring YellowFi Mortgage LLC and YellowFi Management LLC.
– **Brandywine Realty Trust:** Real estate investment trust (REIT) managing properties in various U.S. locations, declared a quarterly dividend on February 16.
– **Lloyds Banking Group PLC:** British banking and financial services firm offering a range of services including retail banking and insurance.

### Penny Stocks With the Most Momentum

These stocks exhibited the highest total return over the past 12 months.

This article was inspired by Top Penny Stocks for Q2 2023.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered financial advice. Always consult with a qualified financial advisor before making investment decisions.

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