Stock Markets

Top 3 European Penny Stocks With Market Caps Under €300M


As the European markets show signs of resilience, with indices like the STOXX Europe 600 Index gaining ground amid easing geopolitical tensions and potential economic stimulus measures, investors are exploring diverse opportunities. Penny stocks, often representing smaller or newer companies, continue to intrigue investors with their potential for growth and value. Despite being an outdated term, penny stocks remain relevant for those seeking under-the-radar opportunities; this article highlights three such stocks that combine financial strength with promising prospects.

Name

Share Price

Market Cap

Financial Health Rating

Orthex Oyj (HLSE:ORTHEX)

€4.52

€80.27M

★★★★★★

Maps (BIT:MAPS)

€3.50

€46.49M

★★★★★★

Angler Gaming (NGM:ANGL)

SEK3.60

SEK269.95M

★★★★★★

Cellularline (BIT:CELL)

€2.81

€59.27M

★★★★★☆

Fondia Oyj (HLSE:FONDIA)

€4.63

€17.31M

★★★★★★

Abak (WSE:ABK)

PLN4.22

PLN11.37M

★★★★★★

Bredband2 i Skandinavien (OM:BRE2)

SEK2.545

SEK2.44B

★★★★☆☆

Hifab Group (OM:HIFA B)

SEK3.74

SEK227.54M

★★★★★★

Deceuninck (ENXTBR:DECB)

€2.11

€291.32M

★★★★★★

Netgem (ENXTPA:ALNTG)

€0.988

€33.32M

★★★★★★

Click here to see the full list of 326 stocks from our European Penny Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

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

Overview: SSH Communications Security Oyj is a cybersecurity company that provides solutions for humans, systems, and networks across the Americas, Asia Pacific, Europe, the Middle East, and Africa with a market cap of €70.67 million.

Operations: The company generates revenue primarily from its Software Business, amounting to €22.55 million.

Market Cap: €70.67M

SSH Communications Security Oyj, with a market cap of €70.67 million, is navigating the volatile penny stock landscape with strategic initiatives and partnerships. Despite being unprofitable, it has a positive free cash flow and sufficient cash runway for over three years. Recent developments include a strategic alliance with Leonardo S.p.A., focusing on Zero Trust Privileged Access Management and Quantum-Safe network encryption, which could enhance its commercial prospects significantly. However, challenges remain as short-term liabilities exceed assets by €7.1 million, and the company has reported increasing losses over recent years despite revenue growth in its software business segment.



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