Nasdaq Penny Stocks Momentum List: DRTT, APCX, ARQQ, RVLP, JUPW

The NASDAQ lists some of the biggest companies in the world and there are a lot of choices for investors who may want to invest in NASDAQ-listed stocks. There are a number of penny stocks that trade on the exchange every day. Here is a quick look at five penny stocks on NASDAQ that may be worth adding to the watch lists.

DIRTT (NASDAQ:DRTT) – On July 18 DIRTT and its construction partner in St. Louis, Missouri, Built Interior Construction announced that they had bagged $2 million worth of construction projects. The projects had been awarded by some of the major clients like CFG Bank, The Globe Building, and Kingsway Development. The projects had been awarded due to the stellar reputation of Built Interior as a specialty subcontractor in St. Louis.

However, it also demonstrated considerable confidence in the innovative construction solutions offered by DIRTT. The Chief Executive Officer of DIRTT spoke about the development as well. He noted that the award of the three projects was significant for the company. It would herald a significant expansion of its presence in the real estate and financial services sectors.

The award of the projects also indicated that there was a significant demand for innovative interior construction solutions offered by DIRTT. He went on to add that the solutions from DIRTT help organizations in the creation of much more efficient and sustainable workplaces.

AppTech Payments Corp (NASDAQ:DRTT) – AppTech Payments Corp is a leader in the financial technology space and is a specialist in the development of seamless commerce solutions. On June 27 the company announced that it had granted a patent to the Silicon Valley-based firm PayToMe.Co, which is looking to revolutionize the digital financial services industry. PayToMe is located in Palo Alto, California, which is regarded as the beating heart of Silicon Valley and has come up as an interesting player in the fintech space.

The company offers a comprehensive suite of digital financial service products at this point. PayToMe is working on a radical transformation of the financial processes that go on in the back office and bringing about a paradigm shift in digital payments. The patent licenses that it was granted by AppTech Payments would further boost its position as one of the major innovators in the Silicon Valley start-up ecosystem.

Arqit (NASDAQ:ARQQ) – On June 15 Arqit made a major announcement with regards to the success achieved by the consortium of which it had been a member. The international consortium had been made up of industry and technical leaders and had the support of businesses, governments, and other organizations. The company announced at the time that the consortium had managed to complete the quantum-secure cross-border electronic trade document transaction in the world for the first time.

The transaction managed to deliver a secure, legally recognizable, and secure solution that could be deployed in future digital trade transactions. The pilot had been conducted by the International Chamber of Commerce UK and the Centre for Digital Trade and Innovation of the United Kingdom, on behalf of the country’s government. Additionally, the Infocomm Media Development Authority, an agency of the Singapore government also supported the whole thing. The Chief Information Officer and Co-Founder of Arqit, Dr. Barry Childe noted that Arqit was proud to have been the lead partner in the momentous project.

RVL Pharmaceuticals PLC (NASDAQ:RVLP)– RVL Pharmaceuticals PLC is a specialty pharmaceutical company based out of Ireland and is involved in the commercialization of UPNEEQ (oxymetazoline hydrochloride ophthalmic solution), 0.1%. The solution in question is meant for treating adults suffering from acquired blepharoptosis or droopy or low-lying eyelids. On July 5 the company announced that on the advice of its board of directors, it had decided to opt for certain strategic alternatives.

One of those alternatives would be a move to get a specific counterparty for all the strategic stock transactions. The counterparty would also be part of discussions with the possible financing sources about the incremental financing for the combined entity in the eventuality of such a transaction taking place. RVL Pharmaceuticals noted that if the strategic transaction is consummated then it would result in a aesthetics company with far more diversification.

Jupiter Wellness Inc (NASDAQ:JUPW) – The diversified company Jupiter Wellness Inc is involved in supporting health and wellness initiatives. Last week the company made a key announcement about the launch of CosmofixMinoxiBoost in India.

The company launched the product in the Indian market in partnership with its local distributors ConsmofixTechovation Pvt Ltd and Sanpellegrino Cosmetics Pvt Ltd. The distributors own exclusive rights to the company’s patented hair growth technology in as many as 31 nations in the Middle East and Asia. The market includes India in addition to such countries as Saudi Arabia, Kuwait, Morocco, Philippines, Malaysia, and Saudi Arabia.