When a stock’s trading volume surges its price often moves, either sharply up or down. The additional investor interest in a particular equity can also be a money-making opportunity for skilled traders. That being said, the tech small caps on our list today have seen a significant increase in its trading volume, at least one of which is related to a news release.
Perk.com Inc. (TSX: PER) – $4.00
Software
Perk.com Inc. (Perk), formerly Mira VI Acquisition Corp, is a provider of cloud-based mobile rewards platform. The Company provides a rewards platform for consumers for people’s every day mobile and Internet activities. Perk offers Perk Points, which is a digital reward points that can be redeemed for gift cards and cash. Members can earn Perk Points through various activities, including shopping, watching videos and playing social games.
- Market Cap: $73,941,330
- Revenue (LTM): $0
- 5/30 SMA Volume Change: 196%
- MTD Price Change: -17%
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Sylogist Ltd. (TSXV: SYZ) – $6.30
Software
Sylogist Ltd. is a Canada-based technology innovation and licensing company which, through strategic acquisitions, investments and operations management, provides intellectual property solutions to a range of public and private sector customers. The Company operates two lines of business: the Public Sector division (Public), which is engaged in the business associated with the acquisitions of Serenic, Weave, Reflex and MasterWorks Software Systems and Bellamy Software. The Public business supports complementary activities, including application and data integration, application assistance and systems support. The Private Sector division (Private) provides software and implementation services.
- Market Cap: $158,663,038
- Revenue (LTM): $25,287,780
- 5/30 SMA Volume Change: 102%
- MTD Price Change: -2%
Sandvine Corp. (TSX: SVC) – $2.34
Communications & Networking
Sandvine Corporation (Sandvine) is a Canada-based company engaged in the development and marketing of network policy control solutions for high-speed, or broadband, Internet service providers. The Company products include Business Intelligence, Revenue Generation, Traffic Optimization and Network Security.
- Market Cap: $361,569,559
- Revenue (LTM): $145,543,830
- 5/30 SMA Volume Change: 99%
- MTD Price Change: -25%
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WiLan Inc. (TSX: WIN) – $2.56
Communications & Networking
Wi-LAN Inc. (WiLAN) is an intellectual property licensing company that develops, acquires, licenses and enforces a range of patented technologies, which are utilized in products in the communications and consumer electronics markets. The Company also manages intellectual property and licenses the patented technologies to corporations.
- Market Cap: $314,254,344
- Revenue (LTM): $122,791,528
- 5/30 SMA Volume Change: 96%
- MTD Price Change: -3%
Titan Medical Inc. (TSX: TMD) – $1.41
Advanced Medical Equipment & Technology
Titan Medical Inc. is a Canada-based development-stage company focused on the research and development of robotic surgical technologies for application in minimally invasive surgery (MIS). It is engaged in developing the SPORT (Single Port Orifice Robotic Technology) Surgical System, which is a single-incision (also referred to as single-port) robotic surgical system.
- Market Cap: $145,988,795
- Revenue (LTM): $0
- 5/30 SMA Volume Change: 44%
- MTD Price Change: -5%
Source: Thomson Reuters
Net Debt = Total Debt – Cash and Short Term Investments
LTM – Last Twelve Months
LFQ – Last Fiscal Quarter
Y/Y – Year over Year
YTD – Year to Date
