Nasdaq Gainers Report: QLGN, RAVE, PTPI, ENSC, UNCY

Following were the key small-cap gainers on Tuesday. Keep an eye on these stocks.

Digital Ally Inc. (NASDAQ:QLGN) was one of the notable gainers as the stock soared a whopping 104.80% to close at $2.56. The stock saw total volume of over 219.93 million shares exchanged hands, compared to its average volume of 1.1 million shares. The stock opened at $1.92 and moved within a range of $1.5600 – 3.1200.  The stock has fallen 15% so far this year. The stock is trading 175% below its 52-week high and 45% higher from its 52-week low.

RAVE Restaurant Group, Inc. (NASDAQ:RAVE) was in the bullish trend on Tuesday as the stock moved up 0.70% to end the session at $1.45. After opening at $1.46, the stock has moved within a wide range of $1.4100 – 1.7984. The stock has jumped 59% so far in 2021 and moved up 18% over the past quarter.

Petros Pharmaceuticals Inc. (NASDAQ:PTPI) was another momentum mover. The stock was up 76% at $2.34. More than 91.69 million shares have been traded hands, compared to its average volume of 4.94 million shares. Over the past 52-week, the stock moved within a range of $1.1900 – 5.9600. The stock has jumped 15% in the past quarter. The stock is trading 96% below its 52-week high and 60% higher from its 52-week low.

Ensysce Biosciences Inc. (NASDAQ:ENSC) was in the bullish trend on Tuesday as the stock moved up 18% to end the session at $1.64. After opening at $1.41, the stock has moved within a wide range of $1.3800 – 1.6700. The stock has lost 86% so far in 2021 and moved down 49% over the past quarter.

Unicycive Therapeutics, Inc. (NASDAQ:UNCY) was the biggest percentage loser on Tuesday as the stock surged 14.74% to end the session at $2.88. After opening at $2.61, the stock has moved within a wide range of $2.5131 – 3.0138. The stock has lost 50% so far in 2021 and moved up 10% over the past quarter.

Nano-Cap Stocks Watchlist

Wearable Health Solutions Inc (OTCMKTS:WHSI) Nanocap investors should also look at WHSI, who manufacturers medical alarm devices used to summon help in the event of an emergency for users. Their products and innovative solutions are designed and marketed primarily to the elderly, physically disabled, and individuals living alone. WHSI is forecasting sales of $5.87 million for the full year 2022. 

Pete Matthews

Pete attended the University of Colorado and still calls the centennial state home. He chases trout in the summer and snowboards in the winter. He is fascinated with the markets and has a strong interest in nanocap stocks and crypto currency.