Small-cap materials stocks offer a distinctive risk profile, one tied to some unpredictable market factors. That's why equities.com's Small-Cap Stars, our proprietary list of those small-cap materials companies offering a promising profile of fundamentals, gives you another method for finding those companies most likely to make the best of the market they're in.
Here's a look at the five top-performing basic materials Small-Cap Stars as of noon on the east coast:
Profire Energy Inc (PFIE)
Profire Energy Inc gained 3.35% to $3.70 in morning trading today. Volume reached 118,238 by noon. The stock's average daily volume is 366,786 shares. Profire Energy Inc has a 52-week high of $5.89 and a 52-week low of $1.40, its P/E ratio is 28.6, and its 50-day SMA and 200-day SMA are $4.31 and $3.89 respectively.
Profire Energy Inc is engaged in the business of developing combustion management technologies for the oil and gas industry. It manufactures, installs and services oilfield combustion management technologies and related products.
Penford Corporation (PENX)
Penford Corporation gained 1.89% to $12.38 in morning trading today. Volume reached 14,244 by noon. The stock's average daily volume is 102,614 shares. Penford Corporation has a 52-week high of $15.31 and a 52-week low of $10.71, its P/E ratio is 40, and its 50-day SMA and 200-day SMA are $11.96 and $12.65 respectively.
Penford Corp is a developer, manufacturer and marketer of specialty natural-based ingredient systems for many industrial and food applications.
American Midstream Partners Lp (AMID)
American Midstream Partners Lp gained 1.52% to $30.41 in morning trading today. Volume reached 9,432 by noon. The stock's average daily volume is 28,025 shares. American Midstream Partners Lp has a 52-week high of $32.01 and a 52-week low of $17.51, and its 50-day SMA and 200-day SMA are $28.84 and $25.62 respectively.
American Midstream Partners LP owns, operates, develops and acquires a portfolio of natural gas midstream energy assets The Company is engaged in the business of gathering, treating, processing, fractionating and transporting.
Charles & Colvard Ltd (CTHR)
Charles & Colvard Ltd gained 0.52% to $1.92 in morning trading today. Volume reached 22,758 by noon. The stock's average daily volume is 41,828 shares. Charles & Colvard Ltd has a 52-week high of $8.34 and a 52-week low of $1.70, and its 50-day SMA and 200-day SMA are $2.12 and $3.54 respectively.
Charles & Colvard Ltd is engaged in manufacturing, marketing and distribution of moissanite jewels, finished jewelry and fashion finished jewelry for sale in the international jewelry market.
Gevo Inc. (GEVO)
Gevo Inc. gained 0.18% to $0.50 in morning trading today. Volume reached 144,545 by noon. The stock's average daily volume is 926,370 shares. Gevo Inc. has a 52-week high of $2.18 and a 52-week low of $0.44, and its 50-day SMA and 200-day SMA are $0.78 and $1.17 respectively.
Gevo Inc is a renewable chemicals and advanced biofuels company focused on the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks.
Equities.com's Small-Cap Stars - What a Solid Portfolio is Made Of
Small-cap materials stocks can be a tricky game to play, one where macroeconomic trends and fickle commodities prices can play a big role. The best plan of attack is usually to identify a successful, repeatable system for identifying strong companies and then just sticking to it. That's what the Small-Cap Stars does. By using a complex statistical regression to compare previously successful small-cap materials companies, the system can create a profile of fundamental metrics that should be predictive of future success and then grade current companies on how closely they resemble that model.
Among the metrics we found to have the strongest indication of future growth were a low ratio of enterprise value to sales, a low effective tax rate, and a high ROE-cost of equity.
All data provided by quotemedia and was accurate as of 12:00 pm ET.