The services sector can be a volatile way to play macroeconomic trends, particularly when one is investing in small-cap companies that are particularly susceptible to market trends. However, equities.com's Small-Cap Stars, our proprietary list of small-cap companies we believe have the best potential for growth in the next year, can help investors identify the best companies to stay out ahead of macro trends and reap the benefits of being ahead of the curve.
Here are today's top-performing services Small-Cap Stars as of noon on the east coast:
Empire Resorts Inc (NYNY)
Empire Resorts Inc gained 11.8% to $4.89 in morning trading today. Volume reached 85,467 by noon. The stock's average daily volume is 120,572 shares. Empire Resorts Inc has a 52-week high of $9.39 and a 52-week low of $2.41, and its 50-day SMA and 200-day SMA are $6.10 and $6.12 respectively.
Empire Resorts Inc, through its subsidiary, Monticello Raceway Management, Inc., owns and operates Monticello Casino and Raceway, a 45,000 square foot video gaming machine and harness horse-racing facility located in Monticello, New York.
P.a.m. Transportation Services Inc. (PTSI)
P.a.m. Transportation Services Inc. gained 5.33% to $39.95 in morning trading today. Volume reached 19,559 by noon. The stock's average daily volume is 35,152 shares. P.a.m. Transportation Services Inc. has a 52-week high of $38.50 and a 52-week low of $11.32, its P/E ratio is 31.1, and its 50-day SMA and 200-day SMA are $30.54 and $23.12 respectively.
P AM Transportation, along with its subsidiaries, is a truckload dry-van carrier transporting general commodities throughout the continental United States, as well as in certain Canadian provinces.
Barrett Business Services Inc. (BBSI)
Barrett Business Services Inc. gained 5.24% to $60.49 in morning trading today. Volume reached 33,806 by noon. The stock's average daily volume is 87,724 shares. Barrett Business Services Inc. has a 52-week high of $102.20 and a 52-week low of $41.96, its P/E ratio is 23.6, and its 50-day SMA and 200-day SMA are $51.24 and $66.10 respectively.
Barrett Business Services Inc offers human resource management services to small and medium-sized businesses in managing the increasing costs and complexities and employment-related issues.
Eagle Bulk Shipping Inc. (EGLE)
Eagle Bulk Shipping Inc. gained 5.08% to $1.35 in morning trading today. Volume reached 223,393 by noon. The stock's average daily volume is 1,003,362 shares. Eagle Bulk Shipping Inc. has a 52-week high of $8.75 and a 52-week low of $1.02, and its 50-day SMA and 200-day SMA are $2.43 and $3.55 respectively.
Eagle Bulk Shipping Inc is engaged in the ocean transportation of cargoes, including iron ores, coal, grains, cement and fertilizers along international shipping routes.
Edgewater Technology Inc. (EDGW)
Edgewater Technology Inc. gained 4.01% to $7.00 in morning trading today. Volume reached 17,113 by noon. The stock's average daily volume is 31,765 shares. Edgewater Technology Inc. has a 52-week high of $8.88 and a 52-week low of $5.00, its P/E ratio is 2.3, and its 50-day SMA and 200-day SMA are $7.11 and $6.95 respectively.
Edgewater Technology, Inc. is a consulting firm. Its consulting services are consolidated into two synergistic offerings: Classic Consulting and Product-Based Consulting.
Small-Cap Stars Services Companies - Providing a Service for Your Holdings
Investing in small-cap services companies isn't easy, but our Small-Cap Stars system can help you find just the right companies to capture that potential for explosive growth the industry contains. By using a complex statistical regression involving hundreds of companies and dozens of fundamental metrics, the Small-Cap Stars systems identifies those small caps that are the most similar with past success stories.
For small-cap services companies, the system highlighted high reinvestment rates with low SG&A expenses and market D/E among the most important factors to consider.
All data provided by QuoteMedia and was accurate as of 12:00 pm ET.