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:
Layne Christensen Company (LAYN)
Layne Christensen Company gained 6.54% to $11.24. The gains came on a volume of 408,084 shares against an average daily volume of 204,160 shares. Layne Christensen Company has had a trading range from $20.75 to $10.10 over the last year, it has a 50-day SMA of $12.36, and a 200-day SMA of $15.73.
Layne Christensen Co is a water management, construction and drilling company. It provides solutions for water, mineral and energy challenges.
Mfri Inc. (MFRI)
Mfri Inc. gained 6.35% to $13.40. The gains came on a volume of 31,844 shares against an average daily volume of 18,226 shares. Mfri Inc. has had a trading range from $17.44 to $9.11 over the last year, its P/E ratio is 6.6, it has a 50-day SMA of $11.64, and a 200-day SMA of $12.79.
MFRI Inc is engaged in the manufacturing and sale of products in two segments: Piping Systems and Filtration Products.
Broadwind Energy Inc. (BWEN)
Broadwind Energy Inc. gained 4.45% to $9.16. The gains came on a volume of 60,599 shares against an average daily volume of 129,056 shares. Broadwind Energy Inc. has had a trading range from $14.00 to $5.10 over the last year, it has a 50-day SMA of $9.21, and a 200-day SMA of $9.59.
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.
Chase Corp. (CCF)
Chase Corp. gained 4.44% to $36.02. The gains came on a volume of 10,558 shares against an average daily volume of 11,274 shares. Chase Corp. has had a trading range from $36.76 to $26.13 over the last year, its P/E ratio is 12.5, it has a 50-day SMA of $33.65, and a 200-day SMA of $32.03.
Chase Corp is a manufacturer of tapes, laminates, sealants, coatings for reliability applications and provider of contract assembly services for the electronics industry.
Shiloh Industries Inc. (SHLO)
Shiloh Industries Inc. gained 4.34% to $17.31. The gains came on a volume of 28,208 shares against an average daily volume of 33,998 shares. Shiloh Industries Inc. has had a trading range from $25.34 to $11.00 over the last year, its P/E ratio is 11.5, it has a 50-day SMA of $18.07, and a 200-day SMA of $18.41.
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 - 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.