Smart Technologies Inc (TSX: SMA), a computer peripherals stock, is featured as today’s top momentum gainer since the stock gained more than 11% touching its new intraday 52-week highs during the last two consecutive trading days with far more shares changing hands than in a normal session. During the last trading session, SMA was among the top gainers in the Canadian technology space after gaining 18.5% and closed at its 52-week high of C$5.70 while recording significant volumes of 177,898 shares. During the past 5 trading sessions, SMA surged 43.2% with daily average traded volumes of 58,724 shares, while the stock has accumulated over 50% during the past one month with daily average volumes of 51,350 shares. The stock gained momentum after the company announced significant enhancements in its SMART Room solution for Microsoft Lync, which includes a new room size with additional collaboration capabilities for both the remote and in-room users. SMA has partnered with Unify Square in order to offer premium services to Microsoft Lync Users.
Company Description:
Smart Technologies Inc (TSX: SMA) designs, develops and sells interactive technology solutions. The company produces interactive white boards where the user can access the internet, control computer applications, write in digital ink and save and share work.
1-Year Stock Chart:
Source: Bloomberg
