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Highlights
- A popular investing method is seeking out cheap stocks which have high returns.
- There are many high performing stocks on the LSE trading under £1.
Investing in cheap stocks can be a useful investment method for certain types of investors who may want to buy bulk stocks and of different sectors.
These stocks are usually termed penny stocks, which trade under £1 and have a market cap of less than 100 million.
In this investment strategy, one can potentially find relatively higher cap stocks when compared to true penny stocks and can thus have more stock options for investment due to not being limited by market cap. Investors looking to invest in cheap stocks with high returns can thus consider such LSE listed stocks which are trading below £1.
The London Stock Exchange (LSE) has several high performing stocks trading under £1. Thus, in this article, we will explore some of the top LSE listed stocks trading below under £1, without any market cap upper limits and with a one-year return of 80 per cent and above:
- XP Factory PLC (LON:XPF)
XP Factory is an escape room and physical adventure company and is a part of the FTSE AIM All-Share index. It was formerly named Escape Hunt Plc.
The company’s revenue, for the half-year ended on 30 June, stood at £1.178 million, compared to £1.306 million in the year before.
During the period, its gross profit was at £801 thousand, compared to £900 thousand in the previous year.
The company has a market cap of £41.61 million and a one-year return of 79.38 per cent as of 9 December.
- Carclo Plc (LON: CAR)
Main market-listed firm Carclo is a tech-driven plastics company.
The company’s H1 2022 revenue from continuing operations rose to £58.672 million, up from £49.950 million in H1 2021.
Its H1 2022 underlying operating profit from continuing operations rose to £3.682 million, up from £1.529 million in H1 2021.
The company has a market cap of £27.90 million and a one-year return of 200.08 per cent as of 9 December.
- Zephyr Energy PLC (LON: ZPHR)
Zephyr Energy is a tech-driven oil and gas exploration and production company and is a part of the FTSE AIM All-Share index.
The group reported completion of a safe and highly successful well test of the State 16-2LN-CC well. The well’s averaged rate-constrained daily rates stood at 716 boepd during the test.
The company has a market cap of £101.77 million and a one-year return of 880.13 per cent as of 9 December.
- Sareum Holdings PLC (LON: SAR)
FTSE AIM All-Share index listed firm Sareum Holdings is a drug discovery company.
The company had raised about £2.37 million (before expenses) in June 2021 via 2 subscriptions. And its cash at bank, as of 30 September 2021, stood at £4.4 million.
The company has a market cap of £ 183.71 million and a one-year return of 285.45 per cent as of 9 December.
- Kodal Minerals PLC (LON: KOD)
Kodal Minerals is a mining and mineral development company and is a part of the FTSE AIM All-Share index.
For its strategic Bougouni lithium project located in Mali, the company was granted a mining licence in November 2021.penn
The company has a market cap of £183.71 million and a one-year return of 285.45 per cent as of 9 December.stock
