5 Canadian Stocks That Should Snap Back From Black Monday’s Selloff

Published:

There has been more than one Black Monday in the history of North American stock trading. Most recently, August 24, 2015, saw many indices throughout the world drop 3%+ as a result of a perceived economic slowdown coming out of China. Some companies, such as the ones on our list today, have no business dealings in China, are not involved with commodities, and yet its share prices were swept lower in this broad-based selloff. Presumably, then, these stocks should roar back once cooler heads prevail.

NYX Gaming Group Ltd. (TSXV: NYX) – $2.03

Software

NYX Gaming Group Limited (NYX) is a supplier of digital gaming software. The Company is engaged in the design, development, manufacture and distribution of digital gaming solutions for interactive, social and mobile gaming across the world. NYX Gaming provides gaming solutions, a distribution platform, gaming process support services, brand and player management, and both Real Money Gaming (RMG) and social gaming products and services. The Company’s content platform has approximately 350 own and 550 third-party supplied lottery, bingo and casino products.

  • Market Cap: $73,845,980
  • Price Change (5 days): -20.4%
  • 5/30 SMA Volume Change: 34.9%
  • Revenues (LTM): $29,811,110

ProMetic Life Sciences Inc. (TSX: PLI) – $1.70

Pharmaceuticals

ProMetic Life Sciences Inc. (ProMetic) is a Canada-based biopharmaceutical company that offers solutions in bioseparations, plasma-derived therapeutics and small-molecule drug development. ProMetic offers its technologies for large-scale purification of biologics, drug development, proteomics and the elimination of pathogens. The Company operates through two segments: Therapeutics and Protein Technology.

  • Market Cap: $987,224,765
  • Price Change (5 days): -19.8%
  • 5/30 SMA Volume Change: 119.6%
  • Revenues (LTM): $17,668,000

Spectra7 Microsystems Inc. (TSX: SEV) – $0.35

Semiconductors

Spectra7 Microsystems Inc. (Spectra7) is a Canada-based consumer connectivity company that delivers bandwidth, speed and resolution to enable industrial design for consumer electronics manufacturers in Virtual Reality (VR), Wearable Computing and Ultra-high-definition (Ultra-HD) Displays. The Company has two product lines: Interconnect Products and Wireless Products.

  • Market Cap: $44,150,329
  • Price Change (5 days): -18.6%
  • 5/30 SMA Volume Change: 77.2%
  • Revenues (LTM): $6,244,651

DataWind Inc. (TSX: DW) – $2.05

Computer Hardware

DataWind Inc. (DataWind) is a Canada-based provider of Internet connectivity for the emerging markets. The Company’s Internet Delivery Platform offers a low-cost Internet connectivity solution by bundling a tablet device with an Internet browsing second-generation (2G) service plan. DataWind offers eight models of its tablet device, the UbiSlate, and three models of its smartphone device, the PocketSurfer. All devices run on an Android operating system and are capable of accessing the Internet using 2G mobile-cellular technology and/or wireless-fidelity (Wi-Fi).

  • Market Cap: $45,567,964
  • Price Change (5 days): -18.0%
  • 5/30 SMA Volume Change: 54.0%
  • Revenues (LTM): $38,473,000

ViXS Systems Inc. (TSX: VXS) – $0.63

Semiconductors

ViXS Systems Inc. is a fabless semiconductor company that supplies advanced System-on-a-Chip semiconductors, software solutions, and hardware reference designs. Its solutions process and convert media to promote the enjoyment of video on a variety of devices. It is engaged in research and development of advanced semiconductor and software technologies to provide product solutions for Multi-Service Operators, Consumer Electronic manufacturers and Cloud/Infrastructure equipment manufacturers. The Company has expanded its offerings to include Multimedia over Coax Alliance (MoCA) home networking market, Ethernet over Coax (EoC) multi dwelling unit market and the cloud video infrastructure market.

  • Market Cap: $31,981,580
  • Price Change (5 days): -16.0%
  • 5/30 SMA Volume Change: 259.6%
  • Revenues (LTM): $48,242,998

Related articles

Recent articles