Penny Stocks to Watch: Metalpha Technology Holding and Other Promising Picks

Several penny stocks are highlighted, including Metalpha Technology Holding, ATRenew, Waterdrop, LexinFintech Holdings, Puma Biotechnology, Performance Shipping, CI&T, BAB, Lifetime Brands, and Universal Safety Products. Metalpha Technology Holding stands out with a market cap of $123.52 million, revenue of $44.57 million, and a return on equity of 43.5%. The company recently announced a strategic partnership with Avenir Group and raised $12 million through a private placement. However, corporate restructuring efforts are underway due to changes in the board composition.