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:
Power Solutions International Inc. (PSIX)
Power Solutions International Inc. gained 3.52% to $68.43. The gains came on a volume of 36,776 shares against an average daily volume of 79,067 shares. Power Solutions International Inc. has had a trading range from $88.96 to $46.00 over the last year, it has a 50-day SMA of $66.38, and a 200-day SMA of $71.98.
Power Solutions International Inc along with its wholly-owned subsidiaries is a producer and distributor of high performance, certified low emission, power systems that run on alternative fuels such as natural gas and propane.
Layne Christensen Company (LAYN)
Layne Christensen Company gained 2.9% to $11.69. The gains came on a volume of 219,597 shares against an average daily volume of 197,319 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 $11.87, and a 200-day SMA of $15.50.
Layne Christensen Co is a water management, construction and drilling company. It provides solutions for water, mineral and energy challenges.
Astronics Corp. (ATRO)
Astronics Corp. gained 2.7% to $64.28. The gains came on a volume of 153,425 shares against an average daily volume of 158,383 shares. Astronics Corp. has had a trading range from $72.99 to $41.18 over the last year, its P/E ratio is 34.1, it has a 50-day SMA of $57.67, and a 200-day SMA of $57.33.
Astronics Corp is a supplier of products to the aerospace and defense industries. Its products include advanced, high-performance lighting and safety systems, electrical power generation and distribution systems, among others.
Broadwind Energy Inc. (BWEN)
Broadwind Energy Inc. gained 2.03% to $9.04. The gains came on a volume of 47,542 shares against an average daily volume of 114,246 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 $8.94, and a 200-day SMA of $9.65.
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.
Mfri Inc. (MFRI)
Mfri Inc. gained 2.03% to $13.09. The gains came on a volume of 15,824 shares against an average daily volume of 18,786 shares. Mfri Inc. has had a trading range from $17.44 to $9.11 over the last year, its P/E ratio is 6.7, it has a 50-day SMA of $11.86, and a 200-day SMA of $12.83.
MFRI Inc is engaged in the manufacturing and sale of products in two segments: Piping Systems and Filtration Products.
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.