Medigus Ltd. (:MDGS)’s share price has changed 0.98% after the completion of a recent trading day, touching $2.07 while generating interest from penny stock investors.
The commodity is 3.16% away from the 20-Day Simple Moving Average. Their 50-Day Simple Moving Average is a difference of -2.41% from the current levels. Moving further back, the 200-Day Simple Moving Average is a -45.62% difference from today’s price. As it stands today, the stock is -29.59% from its 50-Day High and 12.50% from the 50-day low.
Medigus Ltd. (:MDGS)’s performance this year to date is -63.37%. The stock has performed 6.15% over the last seven days, 9.06% over the last thirty, and -9.62% over the last three months. Over the last six months, Medigus Ltd.’s stock has been -65.61% and -84.67% for the year.
In no way are penny stocks considered to be conservative investments and people who play them must be willing and able to take risks with their investment money. Penny stock investors must be prepared to lose their entire investment sometimes. Penny stocks move fast in both directions, including massive upticks or downticks in a matter of hours or less.
Potential penny stock investors must educate themselves first to gain knowledge of the market. They must also conduct intense research into any company they might want to put their money into. An education can start by subscribing to a penny stock newsletter which provides informative penny stock suggestions.
Knowing as much as you can about the penny stock world is extremely important if you want to make money in trading.
It is highly recommended that you wade in toes first with a small amount of money to lessen the risk should you incur a loss.
The first step in investing in penny stocks is to get money, as with any stock market transaction. One of the more significant traits of penny stocks is that they are volatile and move quickly. Penny stocks are stocks of small cap companies that can be vulnerable to stock market sentiments and industry changes.
Though penny stocks are considered to be a risky investment, generally, a trader can make a large amount of money with them in a short period of time, as opposed to bigger, so-called “blue chip” stocks and mutual funds, which require a long-term approach.
Needless to say, penny stock investing is not for the weak of heart, and only “play money” or non-essential disposable income should be invested in this kind of market.
Disclaimer: The advice provided on this website is general advice only. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on this advice you should consider the appropriateness of the advice, having regard to your own objectives, financial situation and needs. Where quoted, past performance is not indicative of future performance.