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:
Huttig Building Products Inc. (HBP)
Huttig Building Products Inc. gained 3.23% to $4.15. The gains came on a volume of 11,845 shares against an average daily volume of 20,293 shares. Huttig Building Products Inc. has had a trading range from $5.45 to $3.51 over the last year, its P/E ratio is 64.1, it has a 50-day SMA of $4.22, and a 200-day SMA of $0.00.
Huttig Building Products, Inc., and its subsidiaries distributes building materials, millwork and wood products used in new residential construction and in home improvement, remodeling and repair work.
Layne Christensen Company (LAYN)
Layne Christensen Company gained 2.92% to $11.29. The gains came on a volume of 188,861 shares against an average daily volume of 207,191 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 $12.02, and a 200-day SMA of $15.56.
Layne Christensen Co is a water management, construction and drilling company. It provides solutions for water, mineral and energy challenges.
Erickson Air-crane Inc (EAC)
Erickson Air-crane Inc gained 2.56% to $13.22. The gains came on a volume of 35,047 shares against an average daily volume of 43,799 shares. Erickson Air-crane Inc has had a trading range from $21.94 to $11.32 over the last year, it has a 50-day SMA of $14.98, and a 200-day SMA of $17.75.
Erickson Inc provides aerial services, including critical supply & logistics to military forces, humanitarian relief & other purposes. It also offers support & maintenance, repair, remanufacture & related overhaul services to Aircrane & other aircrafts.
Astronics Corp. (ATRO)
Astronics Corp. gained 1.77% to $62.23. The gains came on a volume of 98,203 shares against an average daily volume of 160,922 shares. Astronics Corp. has had a trading range from $72.99 to $41.18 over the last year, its P/E ratio is 33.4, it has a 50-day SMA of $57.38, and a 200-day SMA of $57.17.
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.
NN Inc (NNBR)
Nn Inc gained 1.27% to $28.69. The gains came on a volume of 78,367 shares against an average daily volume of 157,546 shares. Nn Inc has had a trading range from $30.94 to $13.50 over the last year, its P/E ratio is 25.2, it has a 50-day SMA of $26.73, and a 200-day SMA of $21.61.
NN Inc is a manufacturer of precision balls, cylindrical and tapered rollers, bearing retainers, plastic injection molded products, precision bearing seals and precision metal components.
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.