In This Article:
The United Kingdom's stock market has recently faced challenges, with the FTSE 100 and FTSE 250 indices experiencing declines due to weak trade data from China, impacting companies heavily reliant on Chinese demand. Despite these broader market pressures, investors continue to seek opportunities in lesser-known segments like penny stocks. Although the term "penny stocks" might seem outdated, it still refers to smaller or newer companies that can offer significant growth potential when backed by solid financials.
Top 10 Penny Stocks In The United Kingdom
Name | Share Price | Market Cap | Financial Health Rating |
ME Group International (LSE:MEGP) | £2.07 | £780M | ★★★★★★ |
Begbies Traynor Group (AIM:BEG) | £0.934 | £148.85M | ★★★★★★ |
Foresight Group Holdings (LSE:FSG) | £3.71 | £432.46M | ★★★★★★ |
Stelrad Group (LSE:SRAD) | £1.42 | £180.84M | ★★★★★☆ |
Next 15 Group (AIM:NFG) | £3.45 | £343.12M | ★★★★☆☆ |
Secure Trust Bank (LSE:STB) | £4.48 | £85.44M | ★★★★☆☆ |
Ultimate Products (LSE:ULTP) | £1.065 | £90.69M | ★★★★★★ |
Tristel (AIM:TSTL) | £3.825 | £182.42M | ★★★★★★ |
Luceco (LSE:LUCE) | £1.384 | £213.45M | ★★★★★☆ |
Helios Underwriting (AIM:HUW) | £2.08 | £148.39M | ★★★★★☆ |
Click here to see the full list of 445 stocks from our UK Penny Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Gear4music (Holdings)
Simply Wall St Financial Health Rating: ★★★★★☆
Overview: Gear4music (Holdings) plc is a retailer of musical instruments and equipment operating in the United Kingdom, Europe, and internationally with a market cap of £31.99 million.
Operations: The company's revenue segment consists of £143.49 million from the sale of musical instruments and equipment.
Market Cap: £31.99M
Gear4music (Holdings) plc, with a market cap of £31.99 million, has recently turned profitable, although its earnings have declined significantly over the past five years. The company reported half-year sales of £61.74 million and a reduced net loss compared to the previous year. Despite having satisfactory debt levels and short-term assets exceeding liabilities, its interest coverage is weak at 1.6 times EBIT, and return on equity remains low at 2.6%. A large one-off gain impacted recent financial results, while revenue is forecasted to grow modestly by 6.48% per year moving forward.
-
Take a closer look at Gear4music (Holdings)'s potential here in our financial health report.
-
Learn about Gear4music (Holdings)'s future growth trajectory here.
Zinnwald Lithium
Simply Wall St Financial Health Rating: ★★★★☆☆
Overview: Zinnwald Lithium Plc is a mineral exploration and development company operating in the United Kingdom and Germany, with a market cap of £36.78 million.