Lowest share costing stocks

Screening Filters

1. Price ≤ $1

   • Purpose: Find very low-priced stocks (often called penny stocks) in terms of share price.
   • Rationale: Your request was for the “lowest share costing stocks.” Setting a maximum price of $1 directly targets the lowest-priced stocks on major U.S. exchanges, rather than more typical prices in the $10–$100+ range.

2. Region = United States

   • Purpose: Limit results to companies listed in the U.S. market.
   • Rationale: You specifically asked for “in the US market.” This filter ensures we only see U.S.-traded securities, excluding foreign markets.

3. Exchange = XNYS, XNAS, XASE (NYSE, NASDAQ, NYSE American)

   • Purpose: Restrict results to major U.S. exchanges.
   • Rationale: Many ultra-low-priced stocks trade OTC (over-the-counter), where transparency and liquidity can be poor. Focusing on NYSE, NASDAQ, and NYSE American aligns with “US market” in the mainstream sense and improves data quality and tradability.

4. Market Cap ≥ $50,000,000

   • Purpose: Exclude the tiniest, most speculative micro-cap and nano-cap stocks.
   • Rationale: Among very low-priced stocks, many are extremely small, distressed, or essentially shell companies. Setting a minimum market cap helps keep the list to companies with at least some scale and reduces the riskiest/most obscure names, while still staying in the low-price universe.

5. Monthly Average Dollar Volume ≥ $300,000

   • Purpose: Ensure a minimum level of liquidity (trading activity).
   • Rationale: Very cheap stocks can be thinly traded, making it hard to buy or sell without moving the price. A minimum dollar volume filter targets stocks that still trade a reasonable amount of value each month, making them more practical to trade.

Why Results Match Your Request

• The price cap of $1 directly targets the “lowest share costing” segment.
• The U.S. region and major exchange filters ensure these low-priced stocks are genuinely part of the primary U.S. market, not obscure foreign or OTC listings.
• The market cap and liquidity filters refine the list to low-priced stocks that are at least somewhat established and tradable, avoiding many of the most illiquid, extremely speculative names while still honoring your low-price focus.