Three Penny Stocks Surge Amid Market Activity, Highlighting Ride-Hailing and EV Sectors

Ryde Group Ltd., Reliance Global Group, and Lion Group Holding emerged as the top penny stocks to watch on June 19, 2025, according to TipRanks' Penny Stock Screener. These sub-$5 equities, each with market capitalizations below $300 million, drew attention through elevated trading volumes and price momentum.

Singapore-based Ryde Group led the pack with a 155% single-day surge after announcing a strategic 40% acquisition in Atoll Discovery, an electric vehicle rental firm. The deal positions Ryde to capitalize on Singapore's low-emission transportation push, leveraging Atoll's fleet of 100 BYD electric vehicles. Trading volume exceeded $255 million as investors reacted to the expansion play.

TipRanks' screening tool identified these opportunities through dollar volume filtration—a liquidity metric multiplying share price by daily transactions. The methodology surfaces penny stocks with measurable investor interest rather than speculative micro-caps.