Small-cap tech companies have long been a source of innovation and, when a product really takes off, a source of huge gains for shareholders. Equities.com's Small-Cap Stars, our proprietary list of those small-cap companies we believe are best-positioned for future success, gained 45.32 percent in 2013, significantly outpacing the broader market for small-cap stocks. That's why the tech companies on the Small-Cap Stars represent the sort of well-researched, speculative plays that can add a little sizzle to your portfolio.
Here are today's top-performing technology Small-Cap Stars as of noon on the east coast:
Sl Industries (SLI)
Sl Industries gained 11.93% to $39.58 in morning trading today. Volume reached 20,391 by noon. The stock's average daily volume is 14,735 shares. Sl Industries has a 52-week high of $37.38 and a 52-week low of $20.48, its P/E ratio is 18.5, and its 50-day SMA and 200-day SMA are $30.99 and $27.72 respectively.
SL Industries Inc, through its subsidiaries, designs, manufactures and markets power electronics, motion control, power protection, power quality, and specialized communication equipment.
Finjan Holdings Inc (FNJN)
Finjan Holdings Inc gained 5.72% to $3.70 in morning trading today. Volume reached 17,610 by noon. The stock's average daily volume is 18,649 shares. Finjan Holdings Inc has a 52-week high of $9.20 and a 52-week low of $3.03, and its 50-day SMA and 200-day SMA are $4.23 and $0.00 respectively.
Finjan Holdings Inc is a technology company which owns a portfolio of patents, related to software that detects malicious code & protects end-users from identity & data thefts. With Converted Organics it manufactures & sells farm fertilizers.
Neonode Inc. (NEON)
Neonode Inc. gained 4.2% to $2.73 in morning trading today. Volume reached 117,783 by noon. The stock's average daily volume is 1,092,527 shares. Neonode Inc. has a 52-week high of $8.84 and a 52-week low of $2.44, and its 50-day SMA and 200-day SMA are $3.29 and $5.22 respectively.
Neonode Inc develops and licenses user interfaces and optical infrared touch technology. It licenses its multi-touch technology to Original Equipment Manufacturers (OEMs) and Original Design Manufacturers (ODMs).
Arc Group Worldwide Inc (ARCW)
Arc Group Worldwide Inc gained 3.22% to $14.11 in morning trading today. Volume reached 11,566 by noon. The stock's average daily volume is 85,587 shares. Arc Group Worldwide Inc has a 52-week high of $18.91 and a 52-week low of $1.92, its P/E ratio is 28.6, and its 50-day SMA and 200-day SMA are $14.95 and $11.96 respectively.
ARC Group Worldwide, Inc., is a diversified manufacturing company. The Company's manufacturing businesses include precision components, flanges, fittings and wireless technology.
Autobytel Inc. (ABTL)
Autobytel Inc. gained 3.12% to $8.27 in morning trading today. Volume reached 213,961 by noon. The stock's average daily volume is 137,453 shares. Autobytel Inc. has a 52-week high of $18.82 and a 52-week low of $5.52, its P/E ratio is 3.3, and its 50-day SMA and 200-day SMA are $12.63 and $12.95 respectively.
Autobytel, Inc. is an automotive marketing services company that helps automotive retail dealers and automotive manufacturers market and sell new and used vehicles through its internet referral and online advertising programs.
Small-Cap Stars Tech Companies - New Ideas Driving Major Gains
Investing in small-cap companies, particularly in the tech sector, means assuming more risk in search of greater gains. However, precisely how you take on this risk can have a lot to do with how much success you can have. That's why a research product like Equities.com's Small-Cap Stars can be invaluable to constructing a small-cap stock portfolio that's got a real chance at success.
Our Small-Cap Stars system runs a complex statistical regression on hundreds of small-cap companies, measuring them by dozens of different fundamentals. By looking at tech companies that previously made big gains during the period preceding their success, we can get a sense of what factors are the most predictive of future success. Then, we can apply those fundamentals to the current market to find which companies best fit our profile of a small-cap tech company poised to grow over the next year.
Our system found that small-cap tech companies with low debt, low cash reserves as a percentage of total assets (because, after all, a small-cap tech company should be reinvesting its profits), and low rate of depreciation tended to be among those finding the most success.
All data provided by QuoteMedia and was accurate as of 12:00 pm ET.