Axion International Holdings (OTC BB: AXIH) and CRH Medical (TSX: CRH) Lead the Top Sector Gainers

Axion International Holdings Inc (OTC BB: AXIH) and CRH Medical Corp (TSX: CRH), lead the top small cap stock gainers for various sectors on both sides of the border, including one that saw its share price surge 48%.

Top U.S. Gainer

Axion International Holdings Inc (OTC BB: AXIH), engaged in the business of manufacturing structural plastic building materials from recycled plastic waste, was the top performer in the U.S. industrials sector after skyrocketing 48.0% and closed at $0.56 Tuesday, while recording significant trading volumes of 1.2 million shares. AXIH broke its key long term technical levels of 30-Day and 50-Day DMAs at $0.47 & $0.48 respectively. Recently, the company announced increasing demand for its STRUXURE® heavy construction mats due to its uniqueness, which also offer high margin. During the past 5-trading sessions, AXIH gained 50.3% with daily average trading volumes of 251,305 shares, while the stock accumulated 8.8% gain during the past one month with daily average trading volumes of 63,312 shares.

1-Year Price Chart

Top Canadian Gainer

CRH Medical Corp (TSX: CRH), engaged in the business of distributing innovative medical products directly to physicians was the top sector gainer after skyrocketing 42.8% and closed at C$1.50 Tuesday, while recording significant trading volumes of 879,516 shares. Recently, CRH announced the acquisition Gastroenterology Anesthesia Associates LLC, where CRH will pay $58.6 million at closing with up to an additional US$14.6 million payable within 4.5 years based on agreed financial performance requirements of the acquired business. During the past 5-trading sessions, CRH gained 61.3% with daily average trading volumes of 236,803 shares, while the stock accumulated 85.2% gain during the past one month with daily average trading volumes of 98,033 shares. The stock is up 100.0% year-to-date.

1-Year Price Chart