THBD (Third Bench Inc., PNK) at $0.0001 on 12 Jan 2026: top gainer, watch volume
THBD stock climbed to $0.0001 on 12 Jan 2026 during market hours, placing Third Bench Inc. (THBD, PNK) among the session’s top gainers. The move followed a jump from a previous close of $0.0000 and came on volume of 2,240,823 shares, below the 50-day average but notable for a microcap. Investors should weigh the price action against Third Bench’s tiny market cap of $1,134.00 and uneven fundamentals before sizing positions.
Price action and trading context for THBD stock
THBD stock traded between a day low of $0.00010 and a day high of $0.00010 on 12 Jan 2026, with an official last price of $0.0001. Volume was 2,240,823 versus an average volume of 3,332,049, giving a relative volume of 0.60 and indicating lighter-than-average follow-through.
The tiny market cap of $1,134.00 and shares outstanding of 11,341,200 make the name highly sensitive to retail flows and block trades. On-chain or news catalysts can produce outsized percentage moves even on modest dollar volume.
THBD stock fundamentals and valuation
Third Bench Inc. operates in Consumer Cyclical, Furnishings, Fixtures & Appliances, and lists on PNK in the United States. Reported key metrics show a negative book value per share of -0.00094, enterprise value of $1,746,240.00, and a price-to-book ratio near -0.11, reflecting small equity and accounting anomalies.
Earnings per share and a P/E are not meaningful; EPS is null and the company shows negative profitability measures and a current ratio near 0.00, indicating limited liquidity on the balance sheet.
Technical snapshot and short-term THBD stock signals
Technicals are mixed: RSI at 51.76 signals neutral momentum while ADX at 15.81 shows no clear trend. The stock’s 50-day average price is $0.00008 and 200-day average is $0.00009, placing the current price marginally above both moving averages.
Momentum indicators show an oversold Money Flow Index at 12.10, suggesting retail buying pressure can appear quickly. Given the small price base, standard indicators may give noisy signals; risk controls are essential.
News, catalysts and THBD stock drivers
Third Bench’s business provides cabinets, countertops, and millwork across the Western and Southwestern United States and changed its name from New America Energy Corp. in October 2023. There are limited public news catalysts; a Markets Insider search shows sparse coverage, reinforcing that retail chatter and microcap flows are likely drivers Markets Insider.
For company detail, see the corporate site Third Bench. Lack of scheduled major news means trading is likely event-driven and sentiment-sensitive.
Meyka AI stock grade and THBD stock analysis
Meyka AI rates THBD with a score out of 100: 28 / 100, Grade D, Recommendation: SELL. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
The low grade reflects a microcap with limited liquidity, negative book value, and sparse analyst coverage. These grades are not guarantees and we are not financial advisors.
Risks, opportunities and THBD stock outlook
Risk factors include extreme volatility, accounting-level negative equity metrics, and very small market cap of $1,134.00, which raises liquidity and execution risk. The company reports only 1 full-time employee in public filings, heightening operational risks.
Opportunities are limited to short bursts of retail interest, potential local contract wins in residential construction, and speculative rebounds. Any durable upside requires clearer revenue growth and improved liquidity.
Final Thoughts
Key takeaways for THBD stock: the share price at $0.0001 on 12 Jan 2026 reflects a microcap rally with meaningful liquidity constraints and weak fundamentals. Meyka AI’s forecast model projects a short-term reference point at $0.0002, implying an upside of 100.00% from the current price, while a conservative downside target of $0.00005 implies a -50.00% move. These model projections are based on price history, volume patterns, and sector signals and are not guarantees. Given Third Bench Inc.’s tiny market cap of $1,134.00, negative book value, and mixed technicals, the most prudent stance for most investors is to treat THBD as a high-risk speculative position only. For active traders, focus on volume confirmation, strict stop-losses, and position sizing. Visit our THBD page for ongoing updates and live data: https://meyka.ai/stocks/THBD. Forecasts are model-based projections and not guarantees.
FAQs
Is THBD stock a good long-term buy?
THBD stock is high risk for long-term investors due to a tiny market cap of $1,134.00, negative book value, and limited revenue visibility. Long-term buy requires clear earnings growth and improved liquidity before considering accumulation.
What drove today’s move in THBD stock?
Today’s move in THBD stock was driven by retail trading activity and a jump in volume to 2,240,823 shares. There is limited mainstream news coverage, so short-term flows likely caused the price change.
What price targets and forecast exist for THBD stock?
Meyka AI’s forecast model projects $0.0002 as a short-term reference, implying 100.00% upside from $0.0001. Conservative downside target is $0.00005. Forecasts are model-based projections and not guarantees.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
