Three penny stocks in the UK with market capitalizations under £80 million are attracting attention from investors. These stocks offer potential for growth and could be worth considering for those looking to diversify their portfolios.
One of the penny stocks to watch is Ceres Power Holdings (LSE: CWR), a clean energy company that specializes in fuel cell technology. With a market cap of around £73 million, Ceres Power has been gaining traction in the renewable energy sector.
Another penny stock worth keeping an eye on is AFC Energy (LSE: AFC), a provider of alkaline fuel cell technology. With a market cap of approximately £61 million, AFC Energy has been making strides in the green energy market.
Lastly, Versarien (LSE: VRS) is a materials manufacturing company with a market cap of around £39 million. Versarien has been gaining attention for its innovative graphene-based products.
While investing in penny stocks can be risky due to their volatile nature, these three UK penny stocks under £80 million market cap offer potential upside for investors willing to take on some risk. It’s important to conduct thorough research and consider your investment goals before diving into these speculative stocks.