5 High Growth Penny Stocks that are Profitable

4. Permianville Royalty Trust (NYSE:PVL)

Q/Q Sales Growth: 161%

Number of Hedge Fund Holders in Q4 2022: 2

Permianville Royalty Trust (NYSE:PVL) is a trust that is responsible for earning profits from oil and gas properties located across different states. The firm is headquartered in Houston, Texas.

Permianville Royalty Trust (NYSE:PVL)’s income from its interests stood at $3.4 million for the quarter ending in September 2022, enabling a 161% annual growth. Two of the 943 hedge funds part of Insider Monkey’s Q4 2022 survey had bought its shares.

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