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:
Goodrich Petroleum Corp. (GDP)
Goodrich Petroleum Corp. gained 4.25% to $18.90 in morning trading today. Volume reached 746,662 by noon. The stock's average daily volume is 1,442,435 shares. Goodrich Petroleum Corp. has a 52-week high of $30.52 and a 52-week low of $11.80, and its 50-day SMA and 200-day SMA are $23.42 and $20.19 respectively.
Goodrich Petroleum Corp is an independent oil & natural gas company engaged in the exploration, development & production of oil & natural gas on properties in South Texas, Northwest Louisiana & East Texas & Southwest Mississippi & Southeast Louisiana.
Charles & Colvard Ltd (CTHR)
Charles & Colvard Ltd gained 2.73% to $2.26 in morning trading today. Volume reached 55,548 by noon. The stock's average daily volume is 60,319 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 $2.11 and $3.43 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.
Harvest Natural Resources Inc. (HNR)
Harvest Natural Resources Inc. gained 2.67% to $4.99 in morning trading today. Volume reached 81,581 by noon. The stock's average daily volume is 212,120 shares. Harvest Natural Resources Inc. has a 52-week high of $6.08 and a 52-week low of $2.76, and its 50-day SMA and 200-day SMA are $4.76 and $4.42 respectively.
Harvest Natural Resources, Inc. is an energy company engaged in the acquisition, exploration, development, production and disposition of oil and natural gas properties.
Gevo Inc. (GEVO)
Gevo Inc. gained 2.55% to $0.47 in morning trading today. Volume reached 254,178 by noon. The stock's average daily volume is 999,801 shares. Gevo Inc. has a 52-week high of $2.18 and a 52-week low of $0.43, and its 50-day SMA and 200-day SMA are $0.74 and $1.13 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.
Constellation Energy Partners Llc (CEP)
Constellation Energy Partners Llc gained 2.3% to $3.12 in morning trading today. Volume reached 191,670 by noon. The stock's average daily volume is 158,519 shares. Constellation Energy Partners Llc has a 52-week high of $3.20 and a 52-week low of $2.02, and its 50-day SMA and 200-day SMA are $2.66 and $2.45 respectively.
Constellation Energy Partners, LLC is focused on the acquisition, development and production of oil and natural gas properties (E&P properties) as well as related midstream assets.
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.