Clean Diesel Technologies (NASDAQ: CDTI) and ShaMaran Petroleum (TSXV: SNM) Lead the Top Sector Gainers

Clean Diesel Technologies Inc (NASDAQ: CDTI) and ShaMaran Petroleum Corp (TSXV: SNM), lead the top small cap stock gainers for various sectors on both sides of the border, including one that saw its share price surge 133%.

Top U.S. Gainer

Clean Diesel Technologies Inc (NASDAQ: CDTI), engaged in manufacturing and distributing heavy duty diesels and light duty vehicle emissions control systems and products to automakers and retrofitters, was the top performer in the U.S. industrials sector after skyrocketing 132.7% and closed at $3.91 Thursday, while recording significant trading volumes of 35.9 million shares. CDTI breached all its key technical resistance levels of 30-Day, 50-Day and 200-Day DMAs at $1.72, $1.90 & $2.58 respectively. The hike in the stock’s price resulted with United States Patent and Trademark Office (USPTO) awarding two new patents to CDTI’s new technology that replaces costly platinum group and rare earth metals in catalytic converters. During the past 5-trading sessions, CDTI gained 153.9% with daily average trading volumes of 7.2 million shares, while the stock accumulated 127.3% gain during the past one month with daily average trading volumes of 1.3 million shares. The stock is up 160.7% year-to-date.

1-Year Price Chart

Top Canadian Gainer

ShaMaran Petroleum Corp (TSXV: SNM), engaged in the business of exploration and development of oil & gas was the top sector gainer after gaining 20.0% and closed at C$0.21 Thursday, while recording significant trading volumes of 207,150 shares. During the past 5-trading sessions, SNM gained 31.3% with daily average trading volumes of 179,388 shares, while the stock fell by 35.4% during the past one month with daily average trading volumes of 324,031 shares.

1-Year Price Chart