Small-cap tech companies have long been a source of innovation and, when a product really takes off, a source of huge gains for shareholders. Equities.com's Small-Cap Stars, our proprietary list of those small-cap companies we believe are best-positioned for future success, gained 45.32 percent in 2013, significantly outpacing the broader market for small-cap stocks. That's why the tech companies on the Small-Cap Stars represent the sort of well-researched, speculative plays that can add a little sizzle to your portfolio.
Here are today's top-performing technology Small-Cap Stars as of noon on the east coast:
Poly Shield Techs (SHPR)
Poly Shield Techs gained 6.92% to $0.56 in morning trading today. Volume reached 17,914 by noon. The stock's average daily volume is 43,156 shares. Poly Shield Techs has a 52-week high of $1.22 and a 52-week low of $0.40, and its 50-day SMA and 200-day SMA are $0.65 and $0.87 respectively.
Poly Shield Technologies Inc markets technologies and products for environmental, pollution emissions, corrosion and durability solutions.
Icad Inc. (ICAD)
Icad Inc. gained 6.05% to $10.70 in morning trading today. Volume reached 77,157 by noon. The stock's average daily volume is 94,328 shares. Icad Inc. has a 52-week high of $14.11 and a 52-week low of $5.16, and its 50-day SMA and 200-day SMA are $7.77 and $9.29 respectively.
icad, Inc., is a provider of image analysis and work flow solutions that enable radiologists and other health care professionals to better serve patients by identifying pathologies and pinpointing cancer earlier.
Speed Commerce Inc. (SPDC)
Speed Commerce Inc. gained 5.46% to $3.11 in morning trading today. Volume reached 166,402 by noon. The stock's average daily volume is 207,934 shares. Speed Commerce Inc. has a 52-week high of $4.84 and a 52-week low of $2.45, and its 50-day SMA and 200-day SMA are $3.17 and $3.68 respectively.
Speed Commerce Inc is a distributor and provider of complete logistics solutions for traditional and e-commerce retail channels. The Company operates through two business segments distribution and e-commerce and fulfillment services.
Key Tronic Corporation (KTCC)
Key Tronic Corporation gained 4.26% to $11.25 in morning trading today. Volume reached 26,260 by noon. The stock's average daily volume is 13,932 shares. Key Tronic Corporation has a 52-week high of $11.93 and a 52-week low of $9.60, its P/E ratio is 13.7, and its 50-day SMA and 200-day SMA are $10.55 and $10.56 respectively.
Key Tronic Corp is engaged in electronic manufacturing services for original equipment manufacturers and also manufactures keyboards and other input devices.
Net Element Inc. (NETE)
Net Element Inc. gained 4.06% to $1.79 in morning trading today. Volume reached 685 by noon. The stock's average daily volume is 269,833 shares. Net Element Inc. has a 52-week high of $5.90 and a 52-week low of $0.88, and its 50-day SMA and 200-day SMA are $1.86 and $2.85 respectively.
Net Element Inc is a financial technology-driven group specializing in mobile payments and value-added transactional services in emerging countries and in the United States.
Small-Cap Stars Tech Companies - New Ideas Driving Major Gains
Investing in small-cap companies, particularly in the tech sector, means assuming more risk in search of greater gains. However, precisely how you take on this risk can have a lot to do with how much success you can have. That's why a research product like Equities.com's Small-Cap Stars can be invaluable to constructing a small-cap stock portfolio that's got a real chance at success.
Our Small-Cap Stars system runs a complex statistical regression on hundreds of small-cap companies, measuring them by dozens of different fundamentals. By looking at tech companies that previously made big gains during the period preceding their success, we can get a sense of what factors are the most predictive of future success. Then, we can apply those fundamentals to the current market to find which companies best fit our profile of a small-cap tech company poised to grow over the next year.
Our system found that small-cap tech companies with low debt, low cash reserves as a percentage of total assets (because, after all, a small-cap tech company should be reinvesting its profits), and low rate of depreciation tended to be among those finding the most success.
All data provided by QuoteMedia and was accurate as of 12:00 pm ET.