Actuate (NASDAQ: BIRT) and AcuityAds Holding (TSXV: AT) Lead the Top Sector Gainers

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Actuate Corp (NASDAQ: BIRT) and AcuityAds Holding Inc (TSXV: AT), lead the top small cap stock gainers for various sectors on both sides of the border, including one that saw its share price surge 87%.

Top U.S. Gainer

Company Name

Exchange

Ticker

Market Cap
($ Mn)

Last Price

Last Volume

Price Return
(1-Day)

Price Return
(5-Days)

52-Week High

52-Week Low

Actuate Corp

NASDAQ

BIRT

304.2

6.56

11,822,187

87.2%

82.1%

8.08

3.29

Actuate Corp (NASDAQ: BIRT), engaged in the business of providing software and services to develop and deploy custom Business Intelligence and information applications, was the top performer in the U.S. technology sector after skyrocketing 87.2% and closed at $6.56 Friday, while recording significant trading volumes of 11.8 million shares. BIRT broke all of its key technical resistance levels of 30-Day, 50-Day and 200-Day DMAs at $3.93, $3.98 & $4.64 respectively. The stock’s price rise came in the wake of BIRT’s announcement that it has entered into an agreement to be acquired by OpenText (NASDAQ: OTEX). According to terms of the merger agreement, an affiliate of OTEX will commence a tender offer to the BIRT stockholders to purchase any and all shares of common stock they hold for $6.60 in cash per share, representing 89% premium to the closing price of BIRT common stock on December 4, 2014 and an equity value of approximately $330 million. During the past 5-trading sessions, BIRT gained 82.1% with daily average trading volumes of 2.4 million shares, while the stock accumulated 73.0% gain during the past one month with daily average trading volumes of 606,405 shares.

1-Year Price Chart

Top Canadian Gainer

Company Name

Exchange

Ticker

Market Cap
(C$ Mn)

Last Price

Last Volume

Price Return
(1-Day)

Price Return
(5-Days)

52-Week High

52-Week Low

AcuityAds Holding Inc

TSXV

AT

15.4

0.74

134,536

42.3%

-1.3%

1.76

0.48

AcuityAds Holding Inc (TSXV: AT), engaged in the business of holding companies that provide targeted digital advertising solutions powered by machine learning technology was the top sector gainer after climbing 42.3% and closed at C$0.74 Friday, while recording significant trading volumes of 134,536 shares. During the past 5-trading sessions, AT fell by 1.3% with daily average trading volumes of 29,872 shares, while the stock accumulated 10.4% gain during the past one month with daily average trading volumes of 7,745 shares.

1-Year Price Chart


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