UK Penny Stock Opportunities For October 2024

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Over the last 7 days, the UK market has remained flat, but over the past 12 months, it has risen by 11%, with earnings forecasted to grow by 14% annually. Penny stocks — a term that might seem outdated but still relevant — can offer unique opportunities for those interested in smaller or newer companies. When these stocks are supported by strong financial health, they can present a combination of value and growth potential that larger firms may not provide.

Top 10 Penny Stocks In The United Kingdom

Name

Share Price

Market Cap

Financial Health Rating

Tristel (AIM:TSTL)

£3.95

£184.64M

★★★★★★

ME Group International (LSE:MEGP)

£2.115

£768.58M

★★★★★★

Next 15 Group (AIM:NFG)

£4.355

£407.27M

★★★★☆☆

Supreme (AIM:SUP)

£1.555

£180.75M

★★★★★★

FRP Advisory Group (AIM:FRP)

£1.325

£324.93M

★★★★★★

Stelrad Group (LSE:SRAD)

£1.50

£191.03M

★★★★★☆

Luceco (LSE:LUCE)

£1.596

£235.97M

★★★★★☆

Ultimate Products (LSE:ULTP)

£1.41

£119.17M

★★★★★★

Serabi Gold (AIM:SRB)

£0.86

£70.81M

★★★★★★

Integrated Diagnostics Holdings (LSE:IDHC)

$0.457

$261.6M

★★★★★★

Click here to see the full list of 466 stocks from our UK Penny Stocks screener.

We'll examine a selection from our screener results.

Boku

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

Overview: Boku, Inc. offers local payment solutions for merchants across the Americas, Asia Pacific, Europe, the Middle East, and Africa with a market capitalization of £511.92 million.

Operations: The company does not report specific revenue segments.

Market Cap: £511.92M

Boku, Inc. has demonstrated significant earnings growth over the past year, with a 169.3% increase that outpaces its five-year average of 43.6% per year and exceeds industry growth rates. Despite reporting a net loss of US$1.07 million for the first half of 2024, Boku's short-term assets comfortably cover both its short- and long-term liabilities, reflecting solid financial health without reliance on debt. The company completed a share buyback program, enhancing shareholder value by repurchasing shares worth £10.72 million since July 2022. Both management and board exhibit strong experience levels, contributing to stable operations amidst volatility concerns.

AIM:BOKU Debt to Equity History and Analysis as at Oct 2024
AIM:BOKU Debt to Equity History and Analysis as at Oct 2024

M&C Saatchi

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

Overview: M&C Saatchi plc offers advertising and marketing communications services across the UK, Europe, the Middle East, Africa, the Asia Pacific, and the Americas with a market cap of £246.96 million.

Operations: Revenue segments for M&C Saatchi are not reported.