The recent sluggishness in economic growth could mean a lot of pent-up demand for industrial goods, something that would likely be boon for small-cap industrial stocks. Equities.com's Small-Cap Stars, our proprietary list of small-cap companies with characteristics we consider the most indicative of future success, includes more than two dozen small-cap industrial goods companies that should be well positioned to make major gains.
Here are today's top-performing industrial goods Small-Cap Stars as of noon on the east coast:
Ceco Environmental Corp. (CECE)
Ceco Environmental Corp. gained 2.47% to $14.11 in morning trading today. Volume reached 10,144 by noon. The stock's average daily volume is 89,610 shares. Ceco Environmental Corp. has a 52-week high of $19.42 and a 52-week low of $11.81, its P/E ratio is 42.3, and its 50-day SMA and 200-day SMA are $14.85 and $15.75 respectively.
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.
Matrix Service Company (MTRX)
Matrix Service Company gained 2.4% to $26.84 in morning trading today. Volume reached 198,002 by noon. The stock's average daily volume is 264,320 shares. Matrix Service Company has a 52-week high of $38.71 and a 52-week low of $15.45, its P/E ratio is 20.1, and its 50-day SMA and 200-day SMA are $31.90 and $28.80 respectively.
Matrix Service Co provides engineering, fabrication, infrastructure, construction, and maintenance services to the oil, gas, power, petrochemical, industrial, mining and minerals markets.
Broadwind Energy Inc. (BWEN)
Broadwind Energy Inc. gained 2.13% to $8.62 in morning trading today. Volume reached 22,440 by noon. The stock's average daily volume is 144,615 shares. Broadwind Energy Inc. has a 52-week high of $14.00 and a 52-week low of $4.69, and its 50-day SMA and 200-day SMA are $9.55 and $9.58 respectively.
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.
Manitex International Inc. (MNTX)
Manitex International Inc. gained 2.01% to $14.70 in morning trading today. Volume reached 14,131 by noon. The stock's average daily volume is 71,979 shares. Manitex International Inc. has a 52-week high of $17.85 and a 52-week low of $10.00, its P/E ratio is 18.1, and its 50-day SMA and 200-day SMA are $16.06 and $15.09 respectively.
Manitex International Inc, through its subsidiaries, is engaged in the design, manufacture and distribution of engineered lifting solutions. It operates in two business segments the Lifting Equipment segment and the Equipment Distribution segment.
Shiloh Industries Inc. (SHLO)
Shiloh Industries Inc. gained 1.73% to $17.10 in morning trading today. Volume reached 4,388 by noon. The stock's average daily volume is 50,767 shares. Shiloh Industries Inc. has a 52-week high of $25.34 and a 52-week low of $11.00, its P/E ratio is 11.9, and its 50-day SMA and 200-day SMA are $18.28 and $18.34 respectively.
Shiloh Industries Inc provides light weighting and noise, vibration and harshness solutions to automotive, commercial vehicle and other industrial markets.
Small-Cap Stars Industrial Goods Companies - Building Your Portfolio with Strength
Picking the right small-cap industrial stocks to try and capitalize on a recovering economy can be tricky. What's more, if the predicted pick-up in the economy never materializes, you want to be backing a company strong enough to survive or even thrive in tough times.
The Small-Cap Stars system helps you find those small-cap industrials that are best positioned to make the most of any economy. It does this by using data from previous small-cap industrials success stories to determine which combination of fundamental metrics is the most predictive of significant growth, then isolates which companies are currently the most similar to those companies that had previously made major gains.
For small-cap industrials, 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 characteristics that were most likely to predict success.
All data provided by QuoteMedia and was accurate as of 12:00 pm ET.