Stock Analysis

Freightos Leads 3 Prominent US Penny Stocks

NasdaqGS:EVGO
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As of February 2025, the U.S. stock market has shown resilience, with major indexes like the S&P 500 posting weekly gains and nearing record highs. For investors eyeing opportunities in smaller or newer companies, penny stocks—despite their somewhat outdated name—remain a relevant investment area. These stocks often represent underappreciated growth potential at lower price points, particularly when backed by strong financials and solid fundamentals.

Top 10 Penny Stocks In The United States

NameShare PriceMarket CapFinancial Health Rating
QuantaSing Group (NasdaqGM:QSG)$3.08$127.27M★★★★★★
BAB (OTCPK:BABB)$0.88$6.39M★★★★★★
Imperial Petroleum (NasdaqCM:IMPP)$2.79$84.63M★★★★★★
ZTEST Electronics (OTCPK:ZTST.F)$0.249$9.16M★★★★★★
Permianville Royalty Trust (NYSE:PVL)$1.41$46.53M★★★★★★
Golden Growers Cooperative (OTCPK:GGRO.U)$4.50$67.38M★★★★★★
Smith Micro Software (NasdaqCM:SMSI)$1.39$24.65M★★★★★☆
PHX Minerals (NYSE:PHX)$4.13$154.8M★★★★★☆
CBAK Energy Technology (NasdaqCM:CBAT)$0.8718$78.41M★★★★★☆
Safe Bulkers (NYSE:SB)$3.59$383.33M★★★★☆☆

Click here to see the full list of 702 stocks from our US Penny Stocks screener.

We'll examine a selection from our screener results.

Freightos (NasdaqCM:CRGO)

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

Overview: Freightos Limited operates a vendor-neutral booking and payment platform for international freight, with a market cap of approximately $203.85 million.

Operations: Freightos Limited has not reported any specific revenue segments.

Market Cap: $203.85M

Freightos Limited, with a market cap of US$203.85 million, operates in the international freight booking sector and is currently unprofitable. Despite this, it shows potential for growth with forecasted revenue increases of 22.17% annually. The company remains debt-free and has sufficient cash runway for over three years if its free cash flow continues to reduce at historical rates. Recent strategic partnerships with Norwegian Cargo and WestJet Cargo enhance Freightos' digital booking capabilities, potentially expanding its market reach. However, the stock's high volatility may pose risks to investors seeking stability in penny stocks.

NasdaqCM:CRGO Debt to Equity History and Analysis as at Feb 2025
NasdaqCM:CRGO Debt to Equity History and Analysis as at Feb 2025

Genasys (NasdaqCM:GNSS)

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

Overview: Genasys Inc. designs, develops, and commercializes critical communications hardware and software solutions for alerting, informing, and protecting people across various regions worldwide with a market cap of $151.87 million.

Operations: The company generates revenue from its hardware segment, which accounts for $18.35 million, and its software segment, contributing $13.80 million.

Market Cap: $151.87M

Genasys Inc., with a market cap of US$151.87 million, is unprofitable but shows potential for revenue growth, forecasted at 61.85% annually. The company reported a net loss of US$4.08 million in its recent earnings, though this was an improvement from the previous year. It has more cash than debt and short-term assets exceeding liabilities, indicating financial resilience despite high volatility and increased debt-to-equity ratio over five years. Recent board changes aim to strengthen governance as Genasys navigates challenges in its critical communications sector while maintaining sufficient cash runway for over a year under stable conditions.

NasdaqCM:GNSS Debt to Equity History and Analysis as at Feb 2025
NasdaqCM:GNSS Debt to Equity History and Analysis as at Feb 2025

EVgo (NasdaqGS:EVGO)

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

Overview: EVgo, Inc. operates a direct current fast charging network for electric vehicles in the United States with a market cap of $919.58 million.

Operations: The company generates revenue from its electric utilities segment, amounting to $239.31 million.

Market Cap: $919.58M

EVgo, Inc., with a market cap of US$919.58 million, is navigating the penny stock landscape amid significant developments. Despite being unprofitable and facing high volatility, its revenue from electric utilities stands at US$239.31 million. The company recently secured a substantial US$1.25 billion loan facility from the U.S. Department of Energy to expand its fast charging network significantly by 2029. EVgo's partnership with Meijer aims to enhance public charging infrastructure across multiple states, further supported by a completed follow-on equity offering worth US$115 million to bolster its financial position and growth initiatives in the EV sector.

NasdaqGS:EVGO Debt to Equity History and Analysis as at Feb 2025
NasdaqGS:EVGO Debt to Equity History and Analysis as at Feb 2025

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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.

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