Catheter Precision's 15-minute chart has exhibited a MACD Death Cross, Bollinger Bands Narrowing, KDJ Death Cross, and a Bearish Marubozu at 08/25/2025 14:00. These indicators collectively suggest that the stock price has the potential to continue declining, with a decreasing magnitude of fluctuations, a shift in momentum towards the downside, and a high likelihood of further decreases. The sellers currently dominate the market, and the bearish momentum is expected to persist.
Three penny stocks have garnered investor attention on August 19, 2025, according to TipRanks' Penny Stock Screener tool, based on high Dollar Volume. These stocks are Soligenix (SNGX), Catheter Precision (VTAK), and Wellgistics Health (WGRX) [1].
Soligenix (SNGX) experienced a significant surge in its stock price, increasing by 78% following the FDA's orphan drug designation for its treatment of Behçet's Disease. The FDA granted orphan drug designation to dusquetide, the active ingredient in SGX945, after reviewing recent Phase 2 clinical study results demonstrating biological efficacy and safety in patients with Behçet's Disease [1].
Catheter Precision (VTAK) also saw notable activity with the registration and approval of its LockeT in the UK. This approval marks a significant milestone for the company, potentially opening up new markets and increasing revenue streams.
Wellgistics Health (WGRX) made headlines by terminating its equity line of credit and launching a blockchain-based payments program. This strategic move aims to enhance the company's financial stability and position it at the forefront of innovative payment solutions.
Catheter Precision's 15-minute chart has exhibited a MACD Death Cross, Bollinger Bands Narrowing, KDJ Death Cross, and a Bearish Marubozu at 08/25/2025 14:00. These indicators collectively suggest that the stock price has the potential to continue declining, with a decreasing magnitude of fluctuations, a shift in momentum towards the downside, and a high likelihood of further decreases. The sellers currently dominate the market, and the bearish momentum is expected to persist.
These developments highlight the potential for growth and innovation in the biopharmaceutical and healthcare sectors, making these penny stocks worth monitoring for investors.
References:
[1] https://www.ainvest.com/news/top-penny-stocks-watch-soligenix-catheter-precision-wellgistics-health-2508/
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