3 US Penny Stocks With Market Caps Below $900M

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As of November 2024, the U.S. stock market is experiencing turbulence, with major indexes recording weekly losses amid a decline in big-tech stocks and ongoing economic uncertainties. In such a volatile environment, investors often look beyond large-cap companies to explore opportunities in smaller or newer firms, where penny stocks—despite their somewhat outdated moniker—remain a relevant area of interest. These stocks can offer intriguing prospects when they are underpinned by solid financial health and potential for long-term growth.

Top 10 Penny Stocks In The United States

Name

Share Price

Market Cap

Financial Health Rating

BAB (OTCPK:BABB)

$0.8379

$6.09M

★★★★★★

RLX Technology (NYSE:RLX)

$1.69

$2.15B

★★★★★★

Golden Growers Cooperative (OTCPK:GGRO.U)

$4.50

$69.71M

★★★★★★

QuantaSing Group (NasdaqGM:QSG)

$3.08

$143.12M

★★★★★★

So-Young International (NasdaqGM:SY)

$1.25

$90.58M

★★★★☆☆

LexinFintech Holdings (NasdaqGS:LX)

$3.22

$529.41M

★★★★★★

Greenland Technologies Holding (NasdaqCM:GTEC)

$2.20

$29.91M

★★★★★★

PHX Minerals (NYSE:PHX)

$3.71

$139.05M

★★★★★☆

CBAK Energy Technology (NasdaqCM:CBAT)

$0.942

$84.72M

★★★★★☆

Zynerba Pharmaceuticals (NasdaqCM:ZYNE)

$1.30

$65.6M

★★★★★☆

Click here to see the full list of 747 stocks from our US Penny Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

Crown Crafts

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

Overview: Crown Crafts, Inc., with a market cap of $47.14 million, operates in the consumer products industry through its subsidiaries, serving both the United States and international markets.

Operations: The company has not reported any specific revenue segments.

Market Cap: $47.14M

Crown Crafts, Inc., with a market cap of US$47.14 million, faces challenges typical of penny stocks, such as low return on equity (6.4%) and declining net profit margins (3.7% from 5.3% last year). Despite this, its short-term assets exceed both short and long-term liabilities, indicating financial stability. The company's debt is well covered by operating cash flow (42.2%), although the debt-to-equity ratio has increased to 40.8%. Recent earnings show a decline in net income compared to the previous year but maintain stable revenue figures around US$24 million for Q2 2024.

NasdaqCM:CRWS Debt to Equity History and Analysis as at Nov 2024
NasdaqCM:CRWS Debt to Equity History and Analysis as at Nov 2024

FIGS

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

Overview: FIGS, Inc. is a direct-to-consumer healthcare apparel and lifestyle company operating in the United States and internationally, with a market cap of approximately $835.47 million.