Overreaction? Small Cap Stocks Sliding as Volume Rises 300%+

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Trading volume increases, as measured by comparing the last 5 days to the last 30 days of volume data, is a measure of investors’ greater attention to the stock as a result of news and other relevant factors. Although jumps in volume of 300% or more are not as surprising for small caps, it still shows that investors acknowledge the stock’s presence, which could apply to the companies on our list.

DHX Media Ltd. (TSX: DHX.A) – $8.49

Entertainment Production

DHX Media Ltd. (DHX) is a Canada-based company engaged in the supply and distribution of television and film productions. The Company is a creator, producer, marketer and broadcaster of family entertainment. DHX Media Ltd. is the owner of Family Channel, a children’s television channel in Canada, as well as Disney Junior (English and French) and Disney XD. The Company markets and distributes its library of over 10,000 half-hours of entertainment programming globally, and licenses its owned properties through its dedicated consumer products business.

  • Market Cap: $1,051,067,526
  • 5/30 Day Volume Change: 421.3%
  • Price Change (1 month): -2.86%

Halogen Software Inc. (TSX: HGN) – $10.30

Software

Halogen Software Inc. is a provider of cloud -based talent management solutions. The Company’s software offers an organically built, cloud-based talent management suite that reinforces and drives employee performance across all talent programs whether that is recruiting, performance management, learning and development, succession planning or compensation. Halogen’s products include HRIS Connect module, Halogen eAppraisal, Halogen e360 Multirater, Halogen eLearning Manager, Halogen ESucession, and Halogen eCompensation.

  • Market Cap: $220,031,813
  • 5/30 Day Volume Change: 414.7%
  • Price Change (1 month): -9.05%

Westport Innovations Inc. (TSX: WPT) – $4.91

Auto, Truck & Motorcycle Parts

Westport Innovations Inc. is a provider of engine and fuel system technologies utilizing gaseous fuels. The Company operates through six segments: Westport Applied Technologies Business Unit, Westport On-Road Systems Business Unit, Westport Off-Road Systems Business Unit, Corporate and Technology Investments Business Unit, Cummins Westport Inc. and Weichai Westport Inc.

  • Market Cap: $307,848,821
  • 5/30 Day Volume Change: 356.2%
  • Price Change (1 month): -18.98%

BSM Technologies Inc. (TSXV: GPS) – $0.90

IT Services & Consulting

BSM Technologies Inc. (BSM) is a Canada-based company with its subsidiaries design and sells secure wireless applications to customers in Canada, the United States and around the world. BSM is a provider of fleet tracking, fleet maintenance, and automated vehicle security systems providing real-time, web-based tracking of fleet assets. It provides real-time, Web-based management and tracking of enterprise fleet assets.

  • Market Cap: $41,613,733
  • 5/30 Day Volume Change: 351.8%
  • Price Change (1 month): -15.24%

Indigo Books and Music Inc. (TSX: IDG) – $10.09

Miscellaneous Specialty Retailers

Indigo Books & Music Inc. is a Canada-based book, gift and toy retailer that operates stores in 10 provinces and one territory in Canada and offers online sales through its indigo.ca website. The Company operates 95 superstores under the banners Chapters, Indigo and the World’s Biggest Bookstore and 131 small format stores, under the banners Coles, Indigo, Indigospirit, SmithBooks, and The Book Company. The Company also has a 50% interest in Calendar Club of Canada Limited Partnership, which operates seasonal kiosks and year-round stores in shopping malls across Canada.

  • Market Cap: $257,502,239
  • 5/30 Day Volume Change: 340.2%
  • Price Change (1 month): -3.90%

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