Pharming Group And 2 Other Promising Penny Stocks To Watch

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As global markets show resilience with U.S. indexes approaching record highs, investors are keeping a close eye on economic indicators such as jobless claims and home sales reports that drive positive sentiment. For those willing to explore beyond the well-known names, penny stocks—often representing smaller or newer companies—remain a relevant investment area despite being considered somewhat outdated. These stocks can offer unique growth opportunities at lower price points, especially when backed by strong financial health and solid fundamentals.

Top 10 Penny Stocks

Name

Share Price

Market Cap

Financial Health Rating

BP Plastics Holding Bhd (KLSE:BPPLAS)

MYR1.21

MYR343.4M

★★★★★★

DXN Holdings Bhd (KLSE:DXN)

MYR0.49

MYR2.41B

★★★★★★

Lever Style (SEHK:1346)

HK$0.85

HK$539.57M

★★★★★★

LaserBond (ASX:LBL)

A$0.58

A$68.57M

★★★★★★

Hil Industries Berhad (KLSE:HIL)

MYR0.875

MYR293.77M

★★★★★★

ME Group International (LSE:MEGP)

£2.225

£838.3M

★★★★★★

Secure Trust Bank (LSE:STB)

£3.59

£68.47M

★★★★☆☆

Next 15 Group (AIM:NFG)

£4.205

£418.21M

★★★★☆☆

Embark Early Education (ASX:EVO)

A$0.805

A$146.79M

★★★★☆☆

Serabi Gold (AIM:SRB)

£0.89

£67.4M

★★★★★★

Click here to see the full list of 5,779 stocks from our Penny Stocks screener.

We'll examine a selection from our screener results.

Pharming Group

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

Overview: Pharming Group N.V. is a biopharmaceutical company that develops and commercializes protein replacement therapies and precision medicines for rare diseases across the United States, Europe, and internationally, with a market cap of €492.82 million.

Operations: The company generates revenue from its Recombinant Human C1 Esterase Inhibitor Business, totaling $285.75 million.

Market Cap: €492.82M

Pharming Group N.V., a biopharmaceutical company, reported third-quarter sales of US$74.85 million, showing growth from the previous year despite a net loss of US$1.03 million. The company is conducting a Phase II clinical trial for leniolisib in primary immunodeficiencies, potentially expanding its market beyond APDS treatment. With short-term assets of $282.2M exceeding liabilities and more cash than debt, Pharming demonstrates financial stability but remains unprofitable with increasing losses over five years. Trading at 91% below estimated fair value and with stable yet high volatility, analysts expect significant stock price appreciation potential.

ENXTAM:PHARM Debt to Equity History and Analysis as at Nov 2024
ENXTAM:PHARM Debt to Equity History and Analysis as at Nov 2024

Republic Glass Holdings

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