Ubika Research has highlighted ten stocks trading below $10.00 across sectors which have registered an increase of over 100% in traded volumes during the past five days compared with past one month daily average trading volumes, indicating a strong market interest. Moreover, these stocks outperformed their respective equity indices and sector indices during last week registering gains of over 10% and touched their new 52-week highs during the week. The shortlisted stocks recorded price gains ranging from 12% to 77% with daily average traded volume in excess of 100,000.
Index Performance during the Past Week (March 31st 2014 – April 04th 2014)
| Index |
Last Index Value |
Value Change (5-Day) |
Average Volume |
Average Volume |
Volume Comparison* |
|
S&P 500 Index |
1,865.1 |
0.40% |
537,478,035 |
549,903,419 |
-2.3% |
|
NASDAQ Composite Index |
4,127.7 |
-0.67% |
549,713,651 |
551,320,703 |
-0.3% |
|
Russell 2000 Index |
1,153.4 |
0.14% |
301,760,298 |
308,537,982 |
-2.2% |
|
S&P/TSX Composite Index |
14,393.1 |
0.93% |
178,549,517 |
175,564,354 |
1.7% |
|
S&P/TSX Venture Composite Index |
1,007.2 |
1.76% |
67,383,478 |
77,203,679 |
-12.7% |
Stocks Performance
| Company Name |
Ticker |
Exchange |
Sector |
Market Cap |
Last Price |
Price Change (5-Day) |
Average Volume |
Average Volume |
Volume Comparison* |
52-Week High |
52-Week Low |
|
Tiptree Financial Inc |
TIPT |
NASDAQ |
Diversified |
353.7 |
8.54 |
16.0% |
187,287 |
34,131 |
448.7% |
13.98 |
5.00 |
|
Canada Fluorspar Inc |
CFI |
TSXV |
Basic Materials |
38.2 |
0.35 |
76.9% |
1,594,238 |
305,101 |
422.5% |
0.35 |
0.15 |
|
McVicar Industries Inc |
MCV |
TSXV |
Basic Materials |
15.0 |
0.52 |
23.8% |
186,400 |
37,435 |
397.9% |
0.52 |
0.16 |
|
InZinc Mining Ltd |
IZN |
TSXV |
Basic Materials |
10.7 |
0.17 |
36.0% |
303,433 |
84,873 |
257.5% |
0.22 |
0.04 |
|
Sun Bancorp Inc |
SNBC |
NASDAQ |
Financial |
350.5 |
4.04 |
25.1% |
285,980 |
91,832 |
211.4% |
4.16 |
2.90 |
|
Intevac Inc |
IVAC |
NASDAQ |
Industrial |
237.3 |
9.92 |
12.3% |
164,330 |
68,921 |
138.4% |
10.20 |
4.25 |
|
Kelso Technologies Inc |
KLS |
TSXV |
Industrial |
228.7 |
5.29 |
20.8% |
283,193 |
125,973 |
124.8% |
5.70 |
0.86 |
|
Photon Control Inc |
PHO |
TSXV |
Industrial |
37.7 |
0.37 |
12.1% |
709,734 |
330,438 |
114.8% |
0.40 |
0.09 |
|
Magellan Petroleum Corp |
MPET |
NASDAQ |
Energy |
73.9 |
1.63 |
15.6% |
351,411 |
172,585 |
103.6% |
1.72 |
0.97 |
|
People Corp |
PEO |
TSXV |
Consumer Services |
77.5 |
2.32 |
25.4% |
130,755 |
64,952 |
101.3% |
2.45 |
0.56 |
Source: Bloomberg
*Volume Comparison: 5-Day average volume over 30-Day average volume
Market cap & Last Price are in their respective currencies
Company Description
Tiptree Financial Inc (NASDAQ: TIPT)
Tiptree Financial Inc. is a diversified holding company which conducts its operations through its operating subsidiary. The company’s primary focus is on four sectors of financial services: insurance and insurance services, specialty finance (including corporate, consumer and tax-exempt credit), asset management and real estate.
Canada Fluorspar Inc (TSXV: CFI)
Canada Fluorspar Inc. is a mineral exploration company. The company is developing a fluorspar project in St. Lawrence, Newfoundland, Canada, as well as trying to reactivate existing underground fluorspar mines.
McVicar Industries Inc (TSXV: MCV)
McVicar Industries, Inc. manufactures chemicals; and electronic and electrical connection devices for security, industrial control, automation, telecommunications, and power supply manufacturers. The company produces fine chemicals used in pharmaceuticals and cosmetics.
InZinc Mining Ltd (TSXV: IZN)
InZinc Mining Ltd. acquires and explores mineral properties. The company focuses on zinc, copper, iron, silver and gold mining projects in the State of Utah.
Sun Bancorp Inc (NASDAQ: SNBC)
Sun Bancorp, Inc. is the holding company for Sun National Bank and Sun National Bank, Delaware. The Banks offer a wide variety of commercial and consumer lending and deposit services through branches located throughout southern and central New Jersey, New Castle County, Delaware, and in Philadelphia.
Intevac Inc (NASDAQ: IVAC)
Intevac, Inc. designs, manufactures, and sells complex capital equipment that is primarily used to manufacture data storage products and flat panel displays. The company supplies electro-optical devices and sputtering systems used to manufacture thin-film disks for computer hard disk drives. Intevac also sells disk lubrication equipment and contact stop-start test equipment.
Kelso Technologies Inc (TSXV: KLS)
Kelso Technologies Inc. is an industrial company that develops various kinds of valves used in the transportation and automobile industries. The company markets its products worldwide.
Photon Control Inc (TSXV: PHO)
Photon Control Inc. develops products which incorporate switches and sensors made from polymer optical fibers and plastic components. The company has developed the core technology for its initial medical applications. Photon Control’s products include industrial explosion-proof switches and fiber optic products for the medical market.
Magellan Petroleum Corp (NASDAQ: MPET)
Magellan Petroleum Corporation sells oil and gas, as well as explores for and develops oil and gas reserves. The company’s major assets are in Australia, with additional fields in the United States and United Kingdom.
People Corp (TSXV: PEO)
People Corporation provides employee benefits, group retirement, and human resources consulting services in Canada. The company offers employee benefits consulting, forms purchasing consortiums, designs flexible benefits, offers third party administration services, and consults on pensions.
