3 UK Penny Stocks With Market Caps Under £30M To Watch

The United Kingdom’s FTSE 100 index has recently experienced declines, influenced by weak trade data from China, which highlights the interconnected nature of global markets. Despite such fluctuations in major indices, opportunities still exist for investors willing to explore smaller segments of the market. Penny stocks, often representing newer or smaller companies, can offer growth potential at lower price points when backed by strong financials and fundamentals.

Name

Share Price

Market Cap

Financial Health Rating

Begbies Traynor Group (AIM:BEG)

£0.948

£149.54M

★★★★★★

ME Group International (LSE:MEGP)

£2.05

£772.37M

★★★★★★

Secure Trust Bank (LSE:STB)

£3.62

£69.04M

★★★★☆☆

Luceco (LSE:LUCE)

£1.284

£198.03M

★★★★★☆

Stelrad Group (LSE:SRAD)

£1.355

£172.56M

★★★★★☆

Next 15 Group (AIM:NFG)

£3.935

£391.36M

★★★★☆☆

Foresight Group Holdings (LSE:FSG)

£4.11

£470.86M

★★★★★★

Ultimate Products (LSE:ULTP)

£1.21

£103.38M

★★★★★★

Impax Asset Management Group (AIM:IPX)

£2.47

£315.6M

★★★★★★

Integrated Diagnostics Holdings (LSE:IDHC)

$0.437

$254.04M

★★★★★★

Click here to see the full list of 469 stocks from our UK Penny Stocks screener.

Let’s review some notable picks from our screened stocks.

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

Overview: Feedback plc is a medical imaging technology company that provides software and systems for medical imaging professionals, with a market cap of £2.43 million.

Operations: The company generates revenue from its Medical Imaging segment, amounting to £1.18 million.

Market Cap: £2.43M

Feedback plc, with a market cap of £2.43 million, is navigating the penny stock landscape amidst financial challenges. The company remains debt-free and has short-term assets of £4.3 million exceeding liabilities of £694.2K, providing some liquidity cushion despite ongoing losses and negative return on equity (-43.15%). Revenue from its Medical Imaging segment reached £1.18 million for the year ended May 2024, but net losses increased to £3.3 million from the previous year’s £2.92 million loss. Recent capital raises through follow-on equity offerings suggest efforts to bolster its cash runway amid volatile share prices and management changes.

AIM:FDBK Financial Position Analysis as at Jan 2025

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

Overview: Lexington Gold Ltd focuses on exploring and developing gold projects in the United States and South Africa, with a market cap of £13.99 million.

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