3 UK Penny Stocks With Market Caps Under £30M

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In the last week, the UK market has been flat, but it is up 8.5% over the past year with earnings expected to grow by 15% per annum in the coming years. Penny stocks may be a throwback term, but they continue to offer compelling opportunities for growth at lower price points, especially when these companies have strong balance sheets and solid fundamentals. This article highlights three UK penny stocks that stand out as hidden gems with potential for impressive returns amidst current market conditions.

Top 10 Penny Stocks In The United Kingdom

Name

Share Price

Market Cap

Financial Health Rating

ME Group International (LSE:MEGP)

£2.16

£806.27M

★★★★★★

Secure Trust Bank (LSE:STB)

£3.53

£67.32M

★★★★☆☆

Solid State (AIM:SOLI)

£1.235

£68.45M

★★★★★★

Serabi Gold (AIM:SRB)

£1.015

£78.01M

★★★★★★

Tristel (AIM:TSTL)

£3.65

£183.61M

★★★★★★

Ultimate Products (LSE:ULTP)

£1.125

£98.14M

★★★★★★

Luceco (LSE:LUCE)

£1.28

£200.5M

★★★★★☆

Stelrad Group (LSE:SRAD)

£1.38

£174.47M

★★★★★☆

Next 15 Group (AIM:NFG)

£4.46

£443.08M

★★★★☆☆

Integrated Diagnostics Holdings (LSE:IDHC)

$0.416

$249.68M

★★★★★★

Click here to see the full list of 470 stocks from our UK Penny Stocks screener.

We're going to check out a few of the best picks from our screener tool.

Norman Broadbent

Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: Norman Broadbent plc, along with its subsidiaries, offers professional services both in the United Kingdom and internationally, with a market cap of £2.87 million.

Operations: The company generates its revenue primarily from the United Kingdom, accounting for £8.50 million, with an additional £2.80 million coming from international markets.

Market Cap: £2.87M

Norman Broadbent plc, with a market cap of £2.87 million, has recently become profitable, marking a significant turnaround in its financial performance. The company generates substantial revenue from the UK (£8.50 million) and internationally (£2.80 million), indicating diversified income streams. Despite this progress, shareholders experienced dilution over the past year with shares outstanding increasing by 3.3%. The firm maintains an experienced board and management team but faces challenges such as high net debt to equity (48.5%) and short-term liabilities equaling short-term assets (£2.4M). Its share price remains volatile compared to most UK stocks.

AIM:NBB Financial Position Analysis as at Dec 2024
AIM:NBB Financial Position Analysis as at Dec 2024

Shield Therapeutics

Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: Shield Therapeutics plc is a commercial stage specialty pharmaceutical company that focuses on the commercialization of pharmaceuticals to treat unmet medical needs, with a market cap of £22.48 million.