November 2024 UK Exchange's Top Penny Stocks

In This Article:

The United Kingdom's stock market has recently faced challenges, with the FTSE 100 index experiencing declines due to weak trade data from China and broader global economic concerns. Despite these headwinds, investors continue to seek opportunities in various segments of the market. Penny stocks, although considered a somewhat outdated term, remain an intriguing area for investment as they often represent smaller or newer companies that can offer growth potential when supported by strong financial fundamentals.

Top 10 Penny Stocks In The United Kingdom

Name

Share Price

Market Cap

Financial Health Rating

ME Group International (LSE:MEGP)

£2.25

£847.72M

★★★★★★

Next 15 Group (AIM:NFG)

£3.75

£372.96M

★★★★☆☆

Ultimate Products (LSE:ULTP)

£1.22

£104.15M

★★★★★★

FRP Advisory Group (AIM:FRP)

£1.445

£354.36M

★★★★★★

Serabi Gold (AIM:SRB)

£0.84

£63.62M

★★★★★★

Supreme (AIM:SUP)

£1.625

£189.49M

★★★★★★

Luceco (LSE:LUCE)

£1.316

£202.97M

★★★★★☆

Alumasc Group (AIM:ALU)

£3.01

£108.25M

★★★★★★

Central Asia Metals (AIM:CAML)

£1.60

£278.36M

★★★★★★

Billington Holdings (AIM:BILN)

£4.40

£54.31M

★★★★★★

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

Let's uncover some gems from our specialized screener.

Plexus Holdings

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

Overview: Plexus Holdings plc, along with its subsidiaries, supplies equipment and services to the oil and gas industry in the UK and Europe, with a market cap of £9.75 million.

Operations: The company generates revenue of £12.72 million from its Oil Well Equipment & Services segment.

Market Cap: £9.75M

Plexus Holdings has shown significant improvement, transitioning from a net loss to a net income of £2.93 million for the year ended June 30, 2024, with revenues increasing substantially to £12.72 million. Despite its low return on equity at 19%, the company benefits from strong interest coverage and cash flow that exceeds its debt obligations. However, shareholders experienced dilution over the past year and the stock remains highly volatile. The management team is relatively new, which could impact strategic direction in the short term. Earnings are forecasted to decline significantly over the next three years despite recent profitability gains.

AIM:POS Revenue & Expenses Breakdown as at Nov 2024
AIM:POS Revenue & Expenses Breakdown as at Nov 2024

Zinc Media Group

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

Overview: Zinc Media Group plc, along with its subsidiaries, produces television and cross-platform content both in the United Kingdom and internationally, with a market cap of £13.45 million.