Top Basic Materials Small-Cap Star for August 26 is Miller Energy Resources (MILL)
Investing in small-cap materials stocks can be tricky. The direction of the broader economy often plays a big role in their success, and notoriously unpredictable factors like mining output or commodity prices can often be key to maintaining margins. But equities.com's Small-Cap Stars, our proprietary list of those small-cap companies with metrics that are typically the most indicative of future success, gives investors a way to identify those companies that are best-positioned to ride out the tough times and make major gains in the good times.
Here's a look at the five top-performing basic materials Small-Cap Stars:
Miller Energy Resources (MILL)
Miller Energy Resources gained 7.35% to $5.26. The gains came on a volume of 668,881 shares against an average daily volume of 380,766 shares. Miller Energy Resources has had a trading range from $8.97 to $4.40 over the last year, it has a 50-day SMA of $5.23, and a 200-day SMA of $6.08.
Miller Energy Resources Inc operates as an exploration and production company that utilizes seismic data and other technologies for geophysical exploration and development of oil and gas wells.
Goodrich Petroleum Corp. (GDP)
Goodrich Petroleum Corp. gained 5.95% to $20.49. The gains came on a volume of 1,582,770 shares against an average daily volume of 1,426,819 shares. Goodrich Petroleum Corp. has had a trading range from $30.52 to $11.80 over the last year, it has a 50-day SMA of $22.49, and a 200-day SMA of $20.11.
Goodrich Petroleum Corp is an independent oil & natural gas company engaged in the exploration, development & production of oil & natural gas on properties in South Texas, Northwest Louisiana & East Texas & Southwest Mississippi & Southeast Louisiana.
Senomyx Inc. (SNMX)
Senomyx Inc. gained 5.35% to $7.87. The gains came on a volume of 284,697 shares against an average daily volume of 385,923 shares. Senomyx Inc. has had a trading range from $12.74 to $3.07 over the last year, it has a 50-day SMA of $7.86, and a 200-day SMA of $7.46.
Senomyx Inc discovers, develops and commercializes flavor ingredients for the packaged food, beverage and ingredient supply industries by including savory and cooling flavors and flavor modulators, such as sweet and salt modifiers and bitter blockers.
Isramco Inc. (ISRL)
Isramco Inc. gained 4.22% to $125.25. The gains came on a volume of 742 shares against an average daily volume of 664 shares. Isramco Inc. has had a trading range from $157.99 to $104.10 over the last year, it has a 50-day SMA of $124.23, and a 200-day SMA of $129.01.
Isramco Inc is an independent oil and natural gas company, engaged in the exploration, development and production of predominately oil and natural gas properties located onshore in the United States and off shore Israel.
Gevo Inc. (GEVO)
Gevo Inc. gained 3.91% to $0.46. The gains came on a volume of 313,396 shares against an average daily volume of 1,041,531 shares. Gevo Inc. has had a trading range from $2.18 to $0.43 over the last year, it has a 50-day SMA of $0.69, and a 200-day SMA of $1.11.
Gevo Inc is a renewable chemicals and advanced biofuels company focused on the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks.
Equities.com's Small-Cap Stars - Stocks Made From Sterner Stuff
Investing in small-cap materials stocks is a high-risk, high-reward proposition much of the time. Often, the best way to approach the sector is simply limiting the number of misses as much as possible. And that's what the equities.com Small-Cap Stars system does.
By looking at past success stories among basic materials small caps, the Small-Cap Stars system can identify what level several dozen metrics were at among those successful companies and determine which of those factors were the most predictive of future success. We then precisely construct a carefully balanced screen through advanced statistical regression that will identify those companies that currently have the most in common with those that succeeded in the past immediately before those stocks took off.
Among the traits our system found the most revealing of a strong materials company were a low ratio of enterprise value to sales, a low effective tax rate, and a high ROE-cost of equity.
All data provided by QuoteMedia and was accurate as of 4:30 pm ET.