The companies on our list today have seen its stock prices shoot past its 52-week high during the past month. This is not only positive for shareholders but also management if it is looking to do an equity financing.
Carmanah Technologies Corp. (TSX: CMH) – $6.80
Renewable Energy Equipment & Services
Carmanah Technologies Corporation (Carmanah) is engaged in the business of developing and distributing renewable and energy-efficient technologies. The Company operates in six segments. The Traffic segment is engaged in providing solar Light Emitting Diode (LED) flashing beacons for various roadway applications, mainly focused on the North American market. The Marine segment is engaged in selling a range of marine lighting solutions across the world. The Aviation/Obstruction division is engaged in selling LED aviation and obstruction lighting across the world. The Outdoor Lighting segment is engaged in providing LED lighting systems for off-grid lighting applications, including street, parking lot, park and pathway applications. The GoPower segment offers mobile power solutions for the North American market, which include solar chargers, inverters, regulators and power accessories. And, the Solar EPC Services segment is involved in the design, procurement and construction of grid-connected solar power systems in the Canadian industrial market.
- Market Cap: $153,259,182
- Revenue (LTM): $53,197,505
- Price Change (1 months): 9.0%
- Average Daily Volume (30 days): 38,486
Hardwoods Distribution Inc. (TSX: HWD) – $16.14
Forest & Wood Products
Hardwoods Distribution Inc. is a distributor of hardwood lumber and specialty sheet goods to the cabinet, moulding, millwork, furniture and specialty wood products industries. The Company holds, indirectly, a 100% ownership interest in Hardwoods Specialty Products LP and Hardwoods Specialty Products US LP. The Company offers species, grades and types of wood products, such as O2 Bamboo, Echo Wood, Dragon Ply and RELY-A-FORM. The Company leases all of its facilities, utilizes third-party freight providers for its product shipping needs, and focuses on wholesale distribution. It operates 32 distribution centers organized into nine regions, providing geographic coverage in 16 states and 5 provinces across the United States and Canada.
- Market Cap: $269,086,866
- Revenue (LTM): $489,876,000
- Price Change (1 months): 22.5%
- Average Daily Volume (30 days): 51,553
Inscape Corp. (TSX: INQ) – $3.63
Business Support Supplies
Inscape Corporation (Inscape) is a Canada-based company engaged in design and engineering of workplace solutions. Its products include workspaces; systems products that offer applications, including panel workstations, benching, work areas and private offices; range of filing and storage, including lateral files, pedestals and towers lockers, among others; walls; range of paint colors, fabrics, glass and work surface options; storage and walls products and seating.
- Market Cap: $33,872,709
- Revenue (LTM): $71,954,000
- Price Change (1 months): 17.2%
- Average Daily Volume (30 days): 6,871
Sunwah International Ltd. (TSX: SWH) – $0.60
Investment Banking & Brokerage Services
Sunwah International Limited is an investment holding company investing in securities, stock, options, futures and commodities brokerage and provides financial advisory services, asset management, money lending and other securities related financial services. The company operates through six segments: Investment in securities, investing in securities for treasury and liquidity management; Structured investment, investing in structured deals including listed and unlisted equities, debt securities and investment properties; Brokerage, providing securities, option, futures and commodities brokerage services, margin and other financings and other related services; Corporate finance & capital markets, providing financial advisory services to corporate clients and acting as underwriting and placing agents in the equity capital market; Asset management, providing asset management and related advisory services to private equity funds and private clients, and Corporate and other activities.
- Market Cap: $42,015,277
- Revenue (LTM): $14,953,224
- Price Change (1 months): 125.0%
- Average Daily Volume (30 days): 1,060