Penford Corp (NASDAQ: PENX) and Newport Exploration Ltd (TSXV: NWX), lead the top small cap stock gainers for various sectors on both sides of the border, including one that saw its share price surge 69%.
Top U.S. Gainer
|
Company Name |
Exchange |
Ticker |
Market Cap |
Last Price |
Last Volume |
Price Return |
Price Return |
52-Week High |
52-Week Low |
|
Penford Corp |
NASDAQ |
PENX |
236.2 |
18.59 |
1,292,485 |
69.1% |
57.7% |
18.90 |
10.71 |
Penford Corp (NASDAQ: PENX), engaged in developing, manufacturing and marketing specialty carbohydrate chemicals for papermaking and specialty food ingredients, was the top performer in the U.S. industrials sector after skyrocketing 69.1% and closed at $18.59 Wednesday, while recording significant trading volumes of 1.2 million shares. PENX breached all of its key technical resistance levels of 30-Day, 50-Day and 200-Day DMAs at $13.49, $13.17 & $12.76 respectively. Recently, PENX announced that it is being acquired by Ingredion Inc (NYSE: INGR) in a deal worth $340 million with PENX shareholders receiving $19 per share. The deal is expected to close by the end of the year. During the past 5-trading sessions, PENX gained 57.7% with daily average trading volumes of 274,350 shares, while the stock accumulated over 26.5% during the past one month with daily average trading volumes of 64,463 shares. The stock is up 44.7% year-to-date.
1-Year Price Chart
Top Canadian Gainer
|
Company Name |
Exchange |
Ticker |
Market Cap |
Last Price |
Last Volume |
Price Return |
Price Return |
52-Week High |
52-Week Low |
|
Newport Exploration |
TSXV |
NWX |
32.2 |
0.40 |
432,500 |
19.4% |
-5.9% |
0.70 |
0.04 |
Newport Exploration Ltd (TSXV: NWX), engaged in the acquisition and exploration of mineral properties, was the top sector gainer after climbing 19.4% and closed at C$0.40 Wednesday, while recording significant trading volumes of 432,500 shares. NWX breached its key long term technical resistance level of 200-Day DMA at C$0.35. Recently, the company announced that new oil field discovery has been made with the successful completion of the Burners-1 exploration well on PEL 91 (Petroleum Exploration License). Also certain parts of PEL 91, PEL 106 and PEL 107 in the Cooper Basin, Australia, have been converted into newly issued Petroleum Production Licenses (“PPL’s”). During the past 5-trading sessions, NWX fell by 5.9% with daily average trading volumes of 259,740 shares, while the stock tumbled 21.6% during the past one month with daily average trading volumes of 71,086 shares. The stock is up 344.4% year-to-date.
1-Year Price Chart
