In This Article:
The United Kingdom market has recently been impacted by weak trade data from China, leading to a decline in the FTSE 100 and FTSE 250 indices. Amidst these broader market challenges, investors may find opportunities in lesser-known sectors such as penny stocks. Although the term "penny stocks" might seem outdated, it still represents smaller or newer companies that can offer surprising value with robust financials and potential for growth.
Top 10 Penny Stocks In The United Kingdom
Name | Share Price | Market Cap | Financial Health Rating |
Secure Trust Bank (LSE:STB) | £3.49 | £66.56M | ★★★★☆☆ |
Begbies Traynor Group (AIM:BEG) | £0.95 | £149.86M | ★★★★★★ |
Tristel (AIM:TSTL) | £3.885 | £185.28M | ★★★★★★ |
ME Group International (LSE:MEGP) | £2.085 | £785.55M | ★★★★★★ |
Ultimate Products (LSE:ULTP) | £1.16 | £99.11M | ★★★★★★ |
Luceco (LSE:LUCE) | £1.288 | £198.65M | ★★★★★☆ |
Next 15 Group (AIM:NFG) | £4.225 | £420.2M | ★★★★☆☆ |
Serabi Gold (AIM:SRB) | £1.18 | £89.37M | ★★★★★★ |
Integrated Diagnostics Holdings (LSE:IDHC) | $0.437 | $254.04M | ★★★★★★ |
Stelrad Group (LSE:SRAD) | £1.375 | £175.11M | ★★★★★☆ |
Click here to see the full list of 467 stocks from our UK Penny Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
eEnergy Group
Simply Wall St Financial Health Rating: ★★★★☆☆
Overview: eEnergy Group Plc, with a market cap of £17.43 million, operates as an integrated energy services company in the United Kingdom and Ireland.
Operations: The company generates revenue from its integrated energy services operations in the United Kingdom and Ireland.
Market Cap: £17.43M
eEnergy Group's recent appointment to the NHS Commercial Solutions Sustainable Estates Framework Agreement underscores its potential for growth in the public sector, offering streamlined access to energy-saving projects. Despite this strategic advantage, eEnergy faces financial challenges, with less than a year of cash runway and ongoing unprofitability. The company reported a significant net loss for H1 2024 and has experienced shareholder dilution. However, it maintains positive shareholder equity and short-term assets exceeding liabilities. The appointment of John Gahan as CFO could bring valuable expertise during this transitional phase as eEnergy navigates these financial hurdles.
Likewise Group
Simply Wall St Financial Health Rating: ★★★★☆☆
Overview: Likewise Group Plc, along with its subsidiaries, distributes floorcoverings, rugs, and matting products for both domestic and commercial markets in the UK and internationally, with a market cap of £40.78 million.