Key Highlights

  • Netcapital is trading 61.82% higher at $1.78, the biggest gain among six penny stocks priced between $1 and $5 on Thursday, October 29, 2026.
  • TOYO is the only one of the six with a same-day announcement, after U.S. Customs and Border Protection freed its Ethiopia-made solar cell shipments.
  • Jiayin Group's second-quarter net revenue dropped 60.9% to RMB736.9 million, and its fiscal 2026 dividend was suspended.
  • Parabolic's preliminary third-quarter revenue was about $4.7 million, and full results are due after the close on November 16.
  • SolarMax Technology has a going-concern warning, about $13.7 million of convertible notes in default and a December 21 Nasdaq deadline.

Which Penny Stocks Priced Between $1 and $5 Are Moving on October 29, and What Is Behind Them?

Six penny stocks priced between $1 and $5 are trading higher on Thursday, October 29, 2026. Netcapital (NASDAQ:NCPL) is up 61.82% at $1.78 after a 40.4% one-day drop on October 23. Jiayin Group (NASDAQ:JFIN) has gained 35.60% to $1.70 despite a steep decline in second-quarter revenue, and Linkhome Holdings (NASDAQ:LHAI) 28.22% to $1.09 as it builds a GPU marketplace. Parabolic (NASDAQ:PARA) is trading 25.89% higher at $4.23 ahead of a November 16 report, TOYO (NASDAQ:TOYO) 20.94% higher at $4.62 after a customs release of its solar cell shipments, and SolarMax Technology (NASDAQ:SMXT) 13.70% higher at $4.97 with a going-concern warning in its latest filing.

Only TOYO has an announcement tied to the session. For the other five, no dated company release came with the move, so earlier filings provide the context. The sections below follow the size of the move, then offer calculated comparisons and the dates ahead.

Netcapital: What Is Behind the 61.82% Surge After a 40% One-Day Drop?

Netcapital runs a digital private capital markets platform with an SEC-registered funding portal. It is trading 61.82% higher at $1.78 from an implied prior close of about $1.10 (calculated), and no dated company release came with the move. The stock closed at $1.33 on October 23, down 40.4% that day. On August 10 the SEC filed a civil fraud complaint alleging nearly $14 million of improperly recorded revenue; the allegations are unproven. A class action plaintiff deadline falls on December 7. Revenue for the nine months to January 31 was $335,481 with a net loss of $7.58 million, and market capitalization was about $13.9 million on roughly 7.85 million shares.

Jiayin Group: Why Is the Stock Up 35.60% After a 60.9% Revenue Decline?

Jiayin Group is an online consumer finance platform based in China. It is trading 35.60% higher at $1.70 from an implied prior close near $1.25 (calculated), and no dated company release came with the move. Net revenue for the second quarter fell 60.9% to RMB736.9 million, mainland transaction volume declined 74.4% to RMB9.5 billion, and the company reported a net loss of RMB183.6 million, compared with net income of RMB519.1 million a year earlier. The fiscal 2026 dividend was suspended, and the buyback was extended to June 12, 2027. Market capitalization was about $68.6 million at the October 26 close of $1.31.

Linkhome Holdings: What Has Been Announced Behind the 28.22% Jump?

Linkhome Holdings is a property technology company based in Irvine. It is trading 28.22% higher at $1.09 from an implied prior close near $0.85 (calculated), and no dated release came with the move. The company acquired Mortgage One Group on July 1, gaining about $28 million of warehouse lending capacity and licenses in 18 states, and on July 14 signed a two-year compute agreement worth up to $10.5 million. A proposed European project could involve up to 144 GB300 GPUs, with no binding agreement. GPU Marketplace 2.0, launched October 1, has not produced material revenue. At 16.53 million shares, the price implies a market value near $18.0 million (calculated).

Parabolic: Does the Record Preliminary Quarter Account for the 25.89% Rebound?

Parabolic is trading 25.89% higher at $4.23 from an implied prior close near $3.36 (calculated), regaining part of a drop of about 20% on Wednesday, October 28, when shares changed hands near $3.50. The latest release, dated October 7, put third-quarter revenue near $4.7 million, up 106% from $2.3 million in the second quarter, reflecting the ConnectAndSell acquisition. The figure is unaudited. A release on September 30 targeted about $9.3 million of annualized savings. The second-quarter net loss was $5.0 million, and full third-quarter results are due after the close on Monday, November 16.

TOYO: How Much Does the Customs Release of Ethiopia-Made Cells Matter?

TOYO is trading 20.94% higher at $4.62 from an implied prior close near $3.82 (calculated). The company said U.S. Customs and Border Protection freed its Ethiopia-produced solar cell shipments after examining supply chain traceability documents. The release does not say how many cells were freed. On September 28 the company had pointed to the pending examination when it declined to give quarterly guidance. First-half revenue grew 87.6% to $261.0 million with net income of $45.8 million, and about $240 million of binding U.S. module supply agreements run through the first half of 2027. Duty actions and Section 232 outcomes are not covered.

SolarMax Technology: How Serious Is the Going-Concern Warning Behind the 13.70% Gain?

SolarMax Technology designs and installs solar systems and utility-scale battery storage projects. It is trading 13.70% higher at $4.97 from an implied prior close near $4.37 (calculated), and no dated release came with the move. Second-quarter revenue grew 49% to $10.2 million, but the net loss widened to $4.7 million, including a $4.3 million legal judgment expense. Cash was $2.16 million at June 30, against about $13.7 million of convertible notes in default, and the filing states substantial doubt about continuing as a going concern. A Nasdaq market value notice has a December 21 compliance deadline.

Penny Stocks Between $1 and $5 Side by Side: How Do Moves, Gains and Valuations Differ?

Netcapital's 61.82% gain is 26.22 percentage points above Jiayin Group's 35.60% and 48.12 points above SolarMax Technology's 13.70% (both calculated). The six moves average 31.03% (calculated). In dollars, measured against implied prior closes, gains were about $0.68 at Netcapital, $0.45 at Jiayin Group, $0.24 at Linkhome Holdings, $0.87 at Parabolic, $0.80 at TOYO and $0.60 at SolarMax Technology (all calculated).

Share prices run from $1.09 at Linkhome Holdings to $4.97 at SolarMax Technology, a $3.88 gap, or about 4.6 times (calculated). The sourced market values, taken at different prices, range from about $13.9 million at Netcapital to $163.2 million at TOYO, about 11.7 times (calculated). Parabolic's summary gives no market value.

What Comes Next: Parabolic's November 16 Report, Netcapital's December 7 Deadline and SolarMax's December 21 Test

Parabolic reports third-quarter results after the close on November 16, when the $4.7 million estimate can be checked. Jiayin Group's next quarterly report is estimated around November 24. Netcapital's next dated event is the December 7 plaintiff deadline, alongside its overdue filings and Nasdaq compliance plan, and SolarMax Technology faces its December 21 deadline. Linkhome Holdings is due to file its quarter ended September 30, and TOYO investors can follow CTPAT certification progress and third-quarter results.