Small-cap financial investing is its own beast, with a variety of regional banks and savings and loan firms offering a chance at far bigger returns than their mega-cap cousins can produce. Equities.com's Small-Cap Stars, our proprietary list of small-cap companies with fundamentals we believe give them the potential for big gains, can help identify which of those growing, small-cap financial companies could offer the biggest returns.
Here are today's top-performing financial stocks from the Small-Cap Stars as of noon on the east coast:
Donegal Group Inc. (DGICB)
Donegal Group Inc. gained 7.94% to $23.80 in morning trading today. Volume reached 2,905 by noon. The stock's average daily volume is 398 shares. Donegal Group Inc. has a 52-week high of $27.75 and a 52-week low of $18.12, its P/E ratio is 26.7, and its 50-day SMA and 200-day SMA are $22.35 and $23.36 respectively.
Donegal Group, Inc an insurance holding company whose insurance subsidiaries offer personal and commercial lines of property and casualty insurance to businesses and individuals in 22 Mid-Atlantic, Midwestern, New England and Southern states.
Frmo Corp (FRMO)
Frmo Corp gained 2.27% to $9.00 in morning trading today. Volume reached 450 by noon. The stock's average daily volume is 1,594 shares. Frmo Corp has a 52-week high of $9.50 and a 52-week low of $4.70, and its 50-day SMA and 200-day SMA are $8.87 and $7.73 respectively.
First Internet Bancorp (INBK)
First Internet Bancorp gained 1.8% to $17.51 in morning trading today. Volume reached 3,083 by noon. The stock's average daily volume is 16,848 shares. First Internet Bancorp has a 52-week high of $31.82 and a 52-week low of $17.04, its P/E ratio is 21.8, and its 50-day SMA and 200-day SMA are $19.70 and $21.57 respectively.
First Internet Bancorp through First Internet Bank of Indiana, provides online commercial and retail banking products and services in the US. It offers checking accounts, regular and money market accounts, and certificates of deposit, among others.
American Independence Corp. (AMIC)
American Independence Corp. gained 1.66% to $11.00 in morning trading today. Volume reached 6,116 by noon. The stock's average daily volume is 3,691 shares. American Independence Corp. has a 52-week high of $13.45 and a 52-week low of $7.50, its P/E ratio is 35.3, and its 50-day SMA and 200-day SMA are $11.95 and $11.47 respectively.
American Independence Corp is an insurance holding Company, which provides specialized health coverage and related services to commercial customers and individuals.
Imperial Holdings Inc. (IFT)
Imperial Holdings Inc. gained 1.47% to $6.89 in morning trading today. Volume reached 14,551 by noon. The stock's average daily volume is 38,557 shares. Imperial Holdings Inc. has a 52-week high of $7.21 and a 52-week low of $4.71, its P/E ratio is 11.8, and its 50-day SMA and 200-day SMA are $6.67 and $6.33 respectively.
Imperial Holdings, Inc. is a specialty finance company. It operates in two reportable business segments: life finance and structured settlements.
Equities.com's Small-Cap Stars - A Smart Place to Store Your Money
Financial companies generally have massive balance sheets that are loaded with a wide variety of assets and liabilities. Figuring out which of these companies is healthy and ready to go and which are due for trouble can be difficult for even the savviest investor. But with equities.com's Small-Cap Stars system, you have a valuable tool for picking out those small-cap financial stocks most likely to be winners. The system takes the most successful small-cap financial stocks of recent history, runs a complex statistical regression using dozens of metrics to determine which characteristics these success stories had in common, then use the fundamental profile create by that regression to identify those stocks currently situated well for future success.
Given that the financial industry is one where a lot of leverage goes a long way, the screen found some of the most predictive traits to be high levels of total debt, high volatility in stock price, and a high book value of its assets.
All data provided by QuoteMedia and was accurate as of 12:00 pm ET.