Small-cap financial stocks offer a distinctly different investment thesis than their massive cousins on Wall Street, but one that can be financially rewarding with the right approach. Equities.com's Small-Cap Stars, our proprietary list of small-cap companies with metrics that indicate the highest chance of future success, can help identify which of those growing, small-cap financial companies could be the diamond in the rough that pays off in the long run.
Here are today's top-performing financial stocks from the Small-Cap Stars:
Doral Financial Corp. (DRL)
Doral Financial Corp. gained 12.18% to $8.29. The gains came on a volume of 2,665,020 shares against an average daily volume of 981,289 shares. Doral Financial Corp. has had a trading range from $24.74 to $1.87 over the last year, it has a 50-day SMA of $5.43, and a 200-day SMA of $10.09.
Doral Financial Corporation is a bank holding company engaged in banking, mortgage banking and insurance agency activities through its wholly-owned subsidiaries.
Donegal Group Inc. (DGICB)
Donegal Group Inc. gained 10.2% to $24.30. The gains came on a volume of 3,805 shares against an average daily volume of 398 shares. Donegal Group Inc. has had a trading range from $27.75 to $18.12 over the last year, its P/E ratio is 26.7, it has a 50-day SMA of $22.35, and a 200-day SMA of $23.36.
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.
Colony Bankcorp Inc. (CBAN)
Colony Bankcorp Inc. gained 2.77% to $6.69. The gains came on a volume of 400 shares against an average daily volume of 4,813 shares. Colony Bankcorp Inc. has had a trading range from $7.15 to $5.45 over the last year, its P/E ratio is 13.3, it has a 50-day SMA of $6.38, and a 200-day SMA of $6.23.
Colony Bankcorp Inc is a bank holding company. The Company, through its subsidiary, provides traditional banking products and services to commercial and consumer customers in its markets.
Frmo Corp (FRMO)
Frmo Corp gained 2.27% to $9.00. The gains came on a volume of 450 shares against an average daily volume of 1,594 shares. Frmo Corp has had a trading range from $9.50 to $4.70 over the last year, it has a 50-day SMA of $8.87, and a 200-day SMA of $7.73.
Mutualfirst Financial Inc (MFSF)
Mutualfirst Financial Inc gained 2.04% to $20.00. The gains came on a volume of 6,007 shares against an average daily volume of 7,701 shares. Mutualfirst Financial Inc has had a trading range from $20.99 to $14.76 over the last year, its P/E ratio is 15.9, it has a 50-day SMA of $19.16, and a 200-day SMA of $18.48.
MutualFirst Financial, Inc., is a savings and loan holding Company, which through its subsidiary, MutualBank, attracts retail deposits from the general public and invests those funds in loans.
Equities.com's Small-Cap Stars - A Smart Place to Store Your Money
Nailing down precisely which small-cap financial companies offer the best returns over time can be difficult, with a range of assets and liabilities spread over hundreds of balance sheets to consider. However, the Small-Cap Stars system takes the most successful financial small caps of years past, compares them using a complicated statistical regression that utilizes dozens of metrics creates a profile of a successful small-cap financial company prior to its growth with that regression, and then identifies which small caps are currently the best fits for that profile.
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 4:30 pm ET.