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:
Mitek Systems Inc. (MITK)
Mitek Systems Inc. gained 12.58% to $2.55 in morning trading today. Volume reached 356,273 by noon. The stock's average daily volume is 336,320 shares. Mitek Systems Inc. has a 52-week high of $7.11 and a 52-week low of $2.15, and its 50-day SMA and 200-day SMA are $3.09 and $4.38 respectively.
Mitek Systems Inc is engaged in the development, sale and service of its proprietary software solutions related to mobile imaging applications and intelligent recognition software.
Implant Sciences Corp (IMSC)
Implant Sciences Corp gained 11.43% to $1.56 in morning trading today. Volume reached 1,334,350 by noon. The stock's average daily volume is 274,740 shares. Implant Sciences Corp has a 52-week high of $1.40 and a 52-week low of $0.72, and its 50-day SMA and 200-day SMA are $1.16 and $0.96 respectively.
Implant Sciences Corp develops, manufactures and sells sophisticated sensors and systems for the Security, Safety and Defense industries.
Sl Industries (SLI)
Sl Industries gained 3.13% to $46.74 in morning trading today. Volume reached 7,551 by noon. The stock's average daily volume is 24,550 shares. Sl Industries has a 52-week high of $45.32 and a 52-week low of $20.48, its P/E ratio is 16.4, and its 50-day SMA and 200-day SMA are $35.05 and $29.19 respectively.
SL Industries Inc, through its subsidiaries, designs, manufactures and markets power electronics, motion control, power protection, power quality, and specialized communication equipment.
Callidus Software Inc. (CALD)
Callidus Software Inc. gained 2.94% to $11.55 in morning trading today. Volume reached 77,914 by noon. The stock's average daily volume is 260,751 shares. Callidus Software Inc. has a 52-week high of $15.50 and a 52-week low of $7.42, and its 50-day SMA and 200-day SMA are $11.45 and $11.75 respectively.
Callidus Software Inc is a provider of cloud software. It enables organizations to drive performance and productivity across their business with its Hiring, Learning, Marketing and Selling clouds.
Finjan Holdings Inc (FNJN)
Finjan Holdings Inc gained 2.78% to $4.25 in morning trading today. Volume reached 4,200 by noon. The stock's average daily volume is 13,019 shares. Finjan Holdings Inc has a 52-week high of $9.20 and a 52-week low of $3.03, and its 50-day SMA and 200-day SMA are $4.03 and $0.00 respectively.
Finjan Holdings Inc is a technology company which owns a portfolio of patents, related to software that detects malicious code & protects end-users from identity & data thefts. With Converted Organics it manufactures & sells farm fertilizers.
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.