Companies with higher levels of institutional ownership (Stocks held by large financial organizations, pension funds or endowments) and strong insider ownership (stocks held by senior executives and directors within the firm) attract investor interest as it reflects a confidence in growth potential since institutional owners’ and insiders personal wealth is directly affected by stock performance.
Ubika Research has picked 12 stocks trading below $5 across sectors which have high institutional and insider ownership and have witnessed a significant increase in insider ownership during the past six months. Moreover, we note that these stocks are rated a ‘Buy’ by the majority of the analysts covering these equities, with consensus 12-month price targets indicating significant upside potential of over 13% from current levels, according to consensus estimates provided by Bloomberg. Additionally, the majority of the shortlisted stocks have recorded significant price gains with daily average trading volume in excess of 100,000 shares over the past three months.
|
Company Name |
Ticker |
Exchange |
Sector |
Market Cap |
Last Price |
Average Volume |
Price Change |
Equity Shares Outstanding |
Institutional Ownership |
Insider Ownership |
Change in Insider Holding |
|
Cell Therapeutics Inc |
CTIC |
NASDAQ |
Healthcare |
460.0 |
3.07 |
4,428,824 |
-3.8% |
149.8 |
37.2% |
5.7% |
42.7% |
|
Roxgold Inc |
ROG |
TSXV |
Basic Materials |
125.6 |
0.68 |
709,855 |
12.5% |
186.1 |
59.9% |
6.9% |
24.8% |
|
BlackPearl Resources Inc |
PXX |
TSX |
Energy |
1,021.2 |
3.12 |
1,084,424 |
24.8% |
327.3 |
31.4% |
9.9% |
15.2% |
|
Vantage Drilling Co |
VTG |
NYSE |
Energy |
525.0 |
1.72 |
1,813,351 |
5.5% |
305.3 |
47.8% |
7.0% |
9.4% |
|
Elgin Mining Inc |
ELG |
TSX |
Basic Materials |
36.3 |
0.21 |
241,717 |
10.5% |
172.8 |
36.6% |
7.8% |
8.1% |
|
Merrimack Pharmaceuticals Inc |
MACK |
NASDAQ |
Healthcare |
463.6 |
4.49 |
1,340,444 |
-14.5% |
103.3 |
51.5% |
7.7% |
7.4% |
|
Flyht Aerospace Solutions Ltd |
FLY |
TSXV |
Industrial |
94.4 |
0.58 |
1,282,272 |
7.4% |
162.8 |
20.1% |
10.0% |
7.2% |
|
Dalradian Resources |
DNA |
TSX |
Basic Materials |
99.5 |
0.91 |
279,958 |
31.9% |
109.4 |
44.8% |
5.9% |
5.6% |
|
BPZ Resources Inc |
BPZ |
NYSE |
Energy |
307.2 |
2.59 |
1,088,774 |
29.5% |
118.6 |
60.2% |
6.4% |
5.3% |
|
Cequence Energy |
CQE |
TSX |
Energy |
660.2 |
3.13 |
1,573,343 |
82.0% |
210.9 |
37.7% |
7.9% |
3.5% |
|
Mandalay Resources Corp |
MND |
TSX |
Basic Materials |
318.1 |
0.95 |
410,666 |
10.5% |
334.9 |
56.8% |
9.9% |
1.8% |
|
Symbility Solutions |
SY |
TSXV |
Technology |
75.2 |
0.36 |
248,378 |
16.1% |
209.0 |
33.8% |
13.7% |
1.6% |
Source: Bloomberg
Market Cap & Last Price are in their respective currencies
Company Description:
Cell Therapeutics Inc (NASDAQ: CTIC)
Cell Therapeutics, Inc. is a biopharmaceutical company which provides medical research services. The company develops and commercializes clinical treatment and drugs for various cancers such as ovarian, brain, neck, and breast.
Roxgold Inc (TSXV: ROG)
Roxgold Inc., acquires, explores and develops natural resource properties in Canada.
BlackPearl Resources Inc (TSX: PXX)
BlackPearl Resources Inc. is an oil and gas exploration and development company. The company’s focus is heavy oil and oil sands assets located in western Canada.
Vantage Drilling Co (NYSE: VTG)
Vantage Drilling Company offers offshore oil and natural gas well drilling services.
Elgin Mining Inc (TSX: ELG))
Elgin Mining, Inc. seeks to acquire mining businesses.
Merrimack Pharmaceuticals Inc (NASDAQ: MACK)
Merrimack Pharmaceuticals, Inc. is a biotechnology company focused on the discovery and development of drugs for the treatment of immunological and autoimmune diseases.
Flyht Aerospace Solutions Ltd (TSXV: FLY)
Flyht Aerospace Solutions Ltd provides safety and efficiency solutions to the aviation industry. The company’s products include an automated flight information reporting system, as well as monitoring, management, and reporting tools.
Dalradian Resources Inc (TSX: DNA)
Dalradian Resources Inc. is a Canadian based exploration company engaged in the acquisition, exploration and development of gold, base metals and other precious metals projects. With a European focus, the most advanced property is in Northern Ireland and focuses on and around the high-grade mesothermal gold deposit, Curraghinalt.
BPZ Resources Inc (NYSE: BPZ)
BPZ Resources, Inc. is an oil and gas exploration and production company with properties in Peru and Ecuador. The company has exclusive rights and license agreements for oil and gas exploration and production in several properties in northwest Peru. BPZ also owns a non-operating interest in a producing property in southwest Ecuador.
Cequence Energy Ltd (TSX: CQE)
Cequence Energy Ltd. is an oil and gas exploration and production company.
Mandalay Resources Corp (TSX: MND)
Mandalay Resources Corp is a Canadian-based natural resource company with producing assets in Australia and exploration projects in Chile. The company is focused on advanced or in-production gold, copper, silver and antimony projects in Australia and the Americas.
Symbility Solutions Inc (TSXV: SY)
Symbility Solutions, Inc. is a software company dedicated to developing applications for the insurance industry in North America and Europe. The company’s subsidiaries provides software solution for the adjudication of health and dental claims and automates property insurance claims through its complementary components.
