In This Article:
In the last week, the market has stayed flat, though it is up 7.2% over the past year and earnings are forecast to grow by 14% annually. Penny stocks may be a throwback term, but they still represent intriguing opportunities for investors seeking growth at lower price points. By focusing on companies with strong balance sheets and solid fundamentals, investors can uncover potential hidden gems that offer upside without many of the risks typically associated with this segment of the market.
Top 10 Penny Stocks In The United States
Name | Share Price | Market Cap | Financial Health Rating |
Safe Bulkers (NYSE:SB) | $3.42 | $366.95M | ★★★★☆☆ |
IDenta (OTCPK:IDTA) | $0.324 | $1.31M | ★★★★★★ |
Tuya (NYSE:TUYA) | $2.32 | $1.41B | ★★★★★★ |
Smith Micro Software (NasdaqCM:SMSI) | $0.924 | $18.31M | ★★★★☆☆ |
Kiora Pharmaceuticals (NasdaqCM:KPRX) | $3.30 | $9.79M | ★★★★★★ |
Flexible Solutions International (NYSEAM:FSI) | $3.58 | $46.52M | ★★★★★★ |
Imperial Petroleum (NasdaqCM:IMPP) | $2.605 | $91.54M | ★★★★★★ |
BAB (OTCPK:BABB) | $0.8424 | $5.94M | ★★★★★★ |
Lifetime Brands (NasdaqGS:LCUT) | $3.23 | $77.55M | ★★★★★☆ |
CBAK Energy Technology (NasdaqCM:CBAT) | $0.8269 | $72.57M | ★★★★★☆ |
Click here to see the full list of 763 stocks from our US Penny Stocks screener.
Let's explore several standout options from the results in the screener.
Smart Share Global
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Smart Share Global Limited is a consumer tech company that offers mobile device charging services in the People's Republic of China, with a market cap of $268.75 million.
Operations: The company's revenue is derived from two main segments: Mobile Device Charging, generating CN¥1.41 billion, and Pv Business, contributing CN¥479.85 million.
Market Cap: $268.75M
Smart Share Global is navigating financial challenges, with its recent earnings report showing a decline in revenue to CN¥1.89 billion from CN¥2.96 billion the previous year and a net loss of CN¥13.53 million compared to a net income of CN¥88.74 million last year. Despite being unprofitable, the company has reduced its losses over five years by 57.7% annually and maintains strong liquidity, with short-term assets exceeding liabilities significantly and no debt burden. The management team is experienced, contributing to stability as they leverage their cash runway projected for over three years at current free cash flow levels.
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Dive into the specifics of Smart Share Global here with our thorough balance sheet health report.
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Evaluate Smart Share Global's prospects by accessing our earnings growth report.
Talkspace
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Talkspace, Inc. is a virtual behavioral healthcare company that connects patients with licensed mental health providers in the United States, with a market cap of approximately $526.37 million.