Small-cap industrial goods companies can often be the biggest beneficiaries of a growing economy, with their revenues rapidly increasing when the rest of the business world is making investments in infrastructure. Equities.com's Small-Cap Stars, our proprietary list of small caps that feature a profile of fundamentals that would best indicate strong potential for future success, includes more than two dozen small-cap industrial goods companies that are well positioned to make major gains.
Here are today's top-performing industrial goods Small-Cap Stars:
Broadwind Energy Inc. (BWEN)
Broadwind Energy Inc. gained 4.15% to $8.79. The gains came on a volume of 74,396 shares against an average daily volume of 144,615 shares. Broadwind Energy Inc. has had a trading range from $14.00 to $4.69 over the last year, it has a 50-day SMA of $9.55, and a 200-day SMA of $9.58.
Broadwind Energy, Inc., is engaged in providing products & services to energy, mining & infrastructure sector customers with significant presence within U.S. wind industry. The Company's business segment includes: Towers & Weldments; Gearing; Services.
Conrad Indus Inc (CNRD)
Conrad Indus Inc gained 2.67% to $38.50. The gains came on a volume of 2,196 shares against an average daily volume of 4,015 shares. Conrad Indus Inc has had a trading range from $42.90 to $29.25 over the last year, it has a 50-day SMA of $38.53, and a 200-day SMA of $37.81.
Matrix Service Company (MTRX)
Matrix Service Company gained 2.29% to $26.81. The gains came on a volume of 372,040 shares against an average daily volume of 264,320 shares. Matrix Service Company has had a trading range from $38.71 to $15.45 over the last year, its P/E ratio is 20.1, it has a 50-day SMA of $31.90, and a 200-day SMA of $28.80.
Matrix Service Co provides engineering, fabrication, infrastructure, construction, and maintenance services to the oil, gas, power, petrochemical, industrial, mining and minerals markets.
Unifi Inc. (UFI)
Unifi Inc. gained 2.11% to $29.58. The gains came on a volume of 61,688 shares against an average daily volume of 71,202 shares. Unifi Inc. has had a trading range from $30.93 to $20.76 over the last year, its P/E ratio is 19.5, it has a 50-day SMA of $26.98, and a 200-day SMA of $25.00.
Unifi, Inc. is a diversified producer and processor of multi-filament polyester and nylon yarns, with production facilities located in the Americas.
Ceco Environmental Corp. (CECE)
Ceco Environmental Corp. gained 2.03% to $14.05. The gains came on a volume of 58,303 shares against an average daily volume of 89,610 shares. Ceco Environmental Corp. has had a trading range from $19.42 to $11.81 over the last year, its P/E ratio is 42.3, it has a 50-day SMA of $14.85, and a 200-day SMA of $15.75.
CECO Environmental, along with its subsidiaries, is an environmental technology company focused on critical solutions in the product recovery, air pollution control, fluid handling and filtration segments.
Small-Cap Stars Industrial Goods Companies - Keeping Your Portfolio Working for You
Many have predicted that the slow rebound of economic activity after the Great Recession means that there's pent-up demand for industrial goods, pent-up demand that could mean industrials are a good area to be invested in. The Small-Cap Stars system helps you identify which small-cap companies in the industry are the most likely to take off in the near future. It does this by using historical data to identify which fundamental metrics have been the most predictive of future success in the past and then identifying those companies that best fit that profile now.
For industrial goods companies in 2014, our system found that a high rate of reinvestment, a low effective tax rate, and a high ratio of fixed assets to total assets were among the most important metrics in selecting small-cap industrial goods companies.
All data provided by QuoteMedia and was accurate as of 4:30 pm ET.