Latest news with #market decline
Yahoo
6 days ago
- Business
- Yahoo
Intercede Group And 2 Other UK Penny Stocks To Watch
Recent data indicating China's sluggish economic recovery has impacted the UK market, with the FTSE 100 and FTSE 250 indices experiencing declines. Despite these broader market challenges, investors often turn to penny stocks for their potential to offer affordability and growth, even as the term feels somewhat outdated. In this article, we explore three UK penny stocks that stand out due to their financial strength and potential for future growth amidst current global economic conditions. Top 10 Penny Stocks In The United Kingdom Name Share Price Market Cap Financial Health Rating Foresight Group Holdings (LSE:FSG) £4.63 £519.47M ★★★★★★ Warpaint London (AIM:W7L) £3.96 £319.92M ★★★★★★ Van Elle Holdings (AIM:VANL) £0.385 £41.66M ★★★★★☆ Vertu Motors (AIM:VTU) £0.623 £196.23M ★★★★★☆ RWS Holdings (AIM:RWS) £0.855 £316.16M ★★★★★★ LSL Property Services (LSE:LSL) £3.01 £309.79M ★★★★★☆ Begbies Traynor Group (AIM:BEG) £1.22 £193.87M ★★★★★★ Croma Security Solutions Group (AIM:CSSG) £0.82 £11.29M ★★★★★★ Braemar (LSE:BMS) £2.40 £74.15M ★★★★★★ ME Group International (LSE:MEGP) £2.185 £825.19M ★★★★★★ Click here to see the full list of 300 stocks from our UK Penny Stocks screener. Let's review some notable picks from our screened stocks. Intercede Group Simply Wall St Financial Health Rating: ★★★★★★ Overview: Intercede Group plc is a cybersecurity company that develops and supplies identity and credential management software for digital trust across the UK, Europe, the US, and internationally, with a market cap of £98.79 million. Operations: Intercede Group generates its revenue primarily from the Software & Programming segment, amounting to £17.71 million. Market Cap: £98.79M Intercede Group plc, a cybersecurity firm, is trading at a favorable value with a Price-To-Earnings ratio of 24.4x, below the industry average. The company is debt-free and maintains strong liquidity with short-term assets of £24.5 million exceeding liabilities. Despite recent earnings declines and lower profit margins compared to last year, Intercede's Return on Equity remains high at 23.8%. Recent developments include MyID CMS enhancements supporting Enterprise Attestation and significant contract renewals worth CAD 1.5 million in Q1 2025, indicating continued demand for its credential management solutions across various sectors including U.S. federal agencies and defense manufacturers. Dive into the specifics of Intercede Group here with our thorough balance sheet health report. Gain insights into Intercede Group's outlook and expected performance with our report on the company's earnings estimates. Logistics Development Group Simply Wall St Financial Health Rating: ★★★★★★ Overview: Logistics Development Group plc operates as an investment company with a market cap of £68.28 million. Operations: Logistics Development Group plc does not report any revenue segments. Market Cap: £68.28M Logistics Development Group plc, with a market cap of £68.28 million, stands out for its debt-free status and recent transition to profitability. Despite being pre-revenue, the company reported net income of £18.82 million for the thirteen months ending December 31, 2024. Its Price-To-Earnings ratio is attractively low at 3.9x compared to the UK market average of 16.1x, suggesting potential undervaluation. While its board's average tenure is short at 2.5 years, indicating inexperience, LDG's strong liquidity position—with short-term assets (£29.7M) far exceeding liabilities (£1.1M)—provides financial stability amidst volatility concerns. Click here and access our complete financial health analysis report to understand the dynamics of Logistics Development Group. Examine Logistics Development Group's past performance report to understand how it has performed in prior years. Savannah Resources Simply Wall St Financial Health Rating: ★★★★★★ Overview: Savannah Resources Plc is involved in the exploration and development of lithium properties, with a market cap of £85.45 million. Operations: The company's revenue is primarily generated from its Portugal Lithium segment, which accounts for £1.93 million, supplemented by contributions from HQ, Corporate and Other activities totaling £1.11 million. Market Cap: £85.45M Savannah Resources Plc, with a market cap of £85.45 million, is focused on lithium exploration in Portugal but remains pre-revenue with no significant income streams. Recent equity offerings raised approximately £4.59 million, reflecting ongoing capital requirements as the company advances its Barroso Lithium Project. The project is progressing through a Definitive Feasibility Study and environmental licensing phases, supported by recent drilling results indicating potential resource expansion. Despite being debt-free and having short-term assets of £18.3 million exceeding liabilities (£3.1M), Savannah faces challenges due to its unprofitability and inexperienced board and management team with average tenures under two years. Click to explore a detailed breakdown of our findings in Savannah Resources' financial health report. Explore Savannah Resources' analyst forecasts in our growth report. Seize The Opportunity Unlock more gems! Our UK Penny Stocks screener has unearthed 297 more companies for you to here to unveil our expertly curated list of 300 UK Penny Stocks. Ready To Venture Into Other Investment Styles? This technology could replace computers: discover the 27 stocks are working to make quantum computing a reality. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AIM:IGP AIM:LDG and AIM:SAV. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Effettua l'accesso per consultare il tuo portafoglio
Yahoo
21-07-2025
- Business
- Yahoo
ASX falls to worst day since April
Australia's sharemarket had its sharpest one-day fall since the fallout from Donald Trump's 'Liberation Day' fallout smashed markets in early April, as investors sold down their big four bank shares ahead of company results. The benchmark ASX 200 slumped 89 points or 1.02 per cent to 8,668.20. The massive falls came just a single trading day after the benchmark had its best gains since the mid April recovery. Even with the large falls during Monday's trading, the ASX 200 still had its second highest ever close. The broader All Ordinaries also fell 80.60 points or 0.89 per cent to 8,926.20. The local dollar eked out a small gain and was buying 65.13 US cents at the time of writing. Banks, consumer discretionary and property stocks led the declines with the market heavy financials slumping 2.51 per cent. Westpac was the hardest hit of the big four banks down 3.61 per cent to $33.07, while CBA slumped 2.52 per cent to $177.87, ANZ sank 2.50 per cent to $30.05 and NAB slid 2.40 per cent to $38.25. Consumer discretionary stocks also slumped during Monday's trading. Wesfarmers fell 0.97 per cent to $83.75, JB Hi Fi dropped 1.48 per cent to $105.91 and Eagers Automotive slumped 3.58 per cent to $18.88. IG market analyst Tony Sycamore said Monday's sharp fall is the largest since the Liberation Day sell-off in early April and is almost twice the size ASX futures predicted when they closed 49 points lower on Saturday morning. 'In the absence of any fresh news, today's pullback is possibly related to profit taking ahead of the August earnings season which will likely highlight stretched valuations with certain sectors, particularly the banks,' he said. Meanwhile the major iron ore miners were one of the bright spots on the market, after the price of the underlying commodity continued its march higher. Iron ore futures rose 1.2 per cent to $US99.50 a tonne. Shares in BHP rose 0.42 per cent to $40.46, Rio Tinto gained 1.19 per cent to $114.46 while Fortescue climbed 1.47 per cent to $17.25. In company news, AMP shares jumped 9.77 per cent to $1.68 after announcing its latest results. According to its latest statement AMP's superannuation division posted its first net inflow since 2017, along with growth in its platform and rising assets under management. Shares in Afterpay's parent company Block soared 11.18 per cent to $122 after cracking the US S & P 500. Block will replace Hess Corp after it was acquired by Chevron. Australian home builder AV Jennings is up 1.50 per cent to $0.68 after it announced a fully franked special dividend of 16.7 cents per share on the condition it can be acquired by American real estate firm Proprium Capital Partners. Shares in Cromwell Property Group jumped 8.22 per cent to $0.40, after announcing Brookfield has signed a binding sales and purchase agreement which is subject to the Foreign Investment Review Board approval. Investsmart Group shares also soared 9.09 per cent to $0.12 per cent after the business announced a jump in total funds under management and strong performance fees revenue. Error in retrieving data Sign in to access your portfolio Error in retrieving data
News.com.au
21-07-2025
- Business
- News.com.au
Big four banks drag the ASX to worst day since April
Australia's sharemarket had its sharpest one-day fall since the fallout from Donald Trump's 'Liberation Day' fallout smashed markets in early April, as investors sold down their big four bank shares ahead of company results. The benchmark ASX 200 slumped 89 points or 1.02 per cent to 8,668.20. The massive falls came just a single trading day after the benchmark had its best gains since the mid April recovery. Even with the large falls during Monday's trading, the ASX 200 still had its second highest ever close. The broader All Ordinaries also fell 80.60 points or 0.89 per cent to 8,926.20. The local dollar eked out a small gain and was buying 65.13 US cents at the time of writing. Banks, consumer discretionary and property stocks led the declines with the market heavy financials slumping 2.51 per cent. Westpac was the hardest hit of the big four banks down 3.61 per cent to $33.07, while CBA slumped 2.52 per cent to $177.87, ANZ sank 2.50 per cent to $30.05 and NAB slid 2.40 per cent to $38.25. Consumer discretionary stocks also slumped during Monday's trading. Wesfarmers fell 0.97 per cent to $83.75, JB Hi Fi dropped 1.48 per cent to $105.91 and Eagers Automotive slumped 3.58 per cent to $18.88. IG market analyst Tony Sycamore said Monday's sharp fall is the largest since the Liberation Day sell-off in early April and is almost twice the size ASX futures predicted when they closed 49 points lower on Saturday morning. 'In the absence of any fresh news, today's pullback is possibly related to profit taking ahead of the August earnings season which will likely highlight stretched valuations with certain sectors, particularly the banks,' he said. Meanwhile the major iron ore miners were one of the bright spots on the market, after the price of the underlying commodity continued its march higher. Iron ore futures rose 1.2 per cent to $US99.50 a tonne. Shares in BHP rose 0.42 per cent to $40.46, Rio Tinto gained 1.19 per cent to $114.46 while Fortescue climbed 1.47 per cent to $17.25. In company news, AMP shares jumped 9.77 per cent to $1.68 after announcing its latest results. According to its latest statement AMP's superannuation division posted its first net inflow since 2017, along with growth in its platform and rising assets under management. Shares in Afterpay's parent company Block soared 11.18 per cent to $122 after cracking the US S & P 500. Block will replace Hess Corp after it was acquired by Chevron. Australian home builder AV Jennings is up 1.50 per cent to $0.68 after it announced a fully franked special dividend of 16.7 cents per share on the condition it can be acquired by American real estate firm Proprium Capital Partners. Shares in Cromwell Property Group jumped 8.22 per cent to $0.40, after announcing Brookfield has signed a binding sales and purchase agreement which is subject to the Foreign Investment Review Board approval. Investsmart Group shares also soared 9.09 per cent to $0.12 per cent after the business announced a jump in total funds under management and strong performance fees revenue.
