China HGS Real Estate Inc (NASDAQ: HGSH) and Arcan Resources Ltd (TSXV: ARN), lead the top small cap stock gainers for various sectors on both sides of the border, including one that saw its share price surge 120%.
Top U.S. Gainer
|
Company Name |
Exchange |
Ticker |
Market Cap |
Last Price |
Last Volume |
Price Return |
Price Return |
52-Week High |
52-Week Low |
|
China HGS Real Estate Inc |
NASDAQ |
HGSH |
256.8 |
5.70 |
488,620 |
45.7% |
27.2% |
10.50 |
2.10 |
China HGS Real Estate Inc (NASDAQ: HGSH), engaged in the business of developing residential property in Hanzhong, China, was the top performer in the U.S. financial sector after skyrocketing 45.7% and closed at $5.70 Friday, while recording significant trading volumes of 488,620 shares. HGSH broke all of its key technical resistance levels of 30-Day, 50-Day and 200-Day DMAs at $3.98, $3.94 & $4.43 respectively. Recently, HGSH announced its financial results for the fiscal year 2014, where it reported total revenues of $124.3 million, up 83% against $67.8 million in fiscal 2013. Net income for the fiscal 2014 totaled approximately $32.4 million, an increase of approximately 56% than that of $20.8 million in fiscal 2013. Basic and diluted net earnings per share attributable to shareholders for the fiscal 2014 were $0.72, compared to $0.46 for the fiscal 2013. During the past 5-trading sessions, HGSH gained 27.2% with daily average trading volumes of 653,583 shares, while the stock accumulated 46.5% gain during the past one month with daily average trading volumes of 215,474 shares.
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 |
|
Arcan Resources Ltd |
TSXV |
ARN |
21.5 |
0.22 |
749,640 |
120.0% |
214.3% |
0.57 |
0.05 |
Arcan Resources Ltd (TSXV: ARN), engaged in the exploration, development and production of petroleum and natural gas in Western Canada, was the top sector gainer after skyrocketing 120.0% and closed at C$0.22 Friday, while recording significant trading volumes of 749,640 shares. ARN broke its key technical resistance level of 30-Day DMA at C$0.10. The price rise came in the wake of company’s announcement of a proposed transaction to recapitalize its convertible debentures into equity, which would reduce ARN’s total pro forma debt, as at September 30, 2014, from $324.6 million to $150.6 million and annual cash interest and financing expenses by approximately $10.9 million. During the past 5-trading sessions, ARN gained 214.3% with daily average trading volumes of 273,033 shares, while the stock accumulated 175.0% gain during the past one month with daily average trading volumes of 117,227shares.
1-Year Price Chart
