Friday Biggest Gainers: Ocean Power Technologies (NASDAQ:OPTT), ZAIS Group Holdings (NASDAQ:ZAIS), Crossroads Systems (NASDAQ:CRDS), Jewett-Cameron Trading Company (NASDAQ:JCTCF), and Iteris (NASDAQ:ITI)
On Friday, the top 5 biggest gainers included Ocean Power Technologies, Inc. (OPTT), a company servicing the Industrial Goods. Ocean Power Technologies, Inc. is up 89.43% today so far in trading, or 4.23. The price at time of writing is 8.96 with a volume of 22,329,872.
Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves primarily in the United States, Europe, Asia, and Australia. It offers autonomous PowerBuoy system that is designed to generate power for use independent of the power grid in remote locations. The company focuses on serving public and private entities, and agencies that use electricity in and near the ocean.
In addition, ZAIS Group Holdings, Inc. (ZAIS) also showed leading gains, posting an increase of 68.67% since prior closing. ZAIS Group Holdings, Inc. services the Financial sector of the market. The price at time of writing is 4.08 with a volume of 3,300,866.
ZAIS Group Holdings, Inc., an investment management company, focuses on investments in specialized credit strategies. The company manages assets across mortgage-related specialized credit strategies, including residential whole loans, residential mortgage backed securities, asset backed securities, and commercial mortgage backed securities; and corporate-credit, including collateralized loan obligations, collateralized bond obligations, collateralized synthetic obligations, credit default swaps, high yield bonds, and leveraged loans. It also provides solutions to investors in structured credit.
Next is Crossroads Systems, Inc. (CRDS), a company in the Technology sector. Crossroads Systems, Inc. is showing gains of 22.90% today, which is up 1.09. The price at time of writing is 5.85 with a volume of 47,036.
Crossroads Systems, Inc. provides data protection solutions and services worldwide. The company’s products include StrongBox, an enterprise-level network attached storage solution based on tape for long-term data protection and preservation; and SPHiNX, a virtual tape system that provides data protection to reduce the complexity of data backup and disaster recovery. Its products also comprise StrongBox VM, a software version of StrongBox that runs on VMware ESXi servers; StrongBox DataManager, which provides transparent file migration from primary storage systems, such as NetApp, Windows, Linux, and other servers, into StrongBox; StrongBox VSeries Tape Libraries, a data storage solution; ReadVerify Appliance, which monitors tape media usage and health of tape resources; and FileStor HSM, a software solution, which provides intelligent file management for policy-based data migration.
Jewett-Cameron Trading Company Ltd. (JCTCF), in the Industrial Goods sector, is showing 19.54% gains. The price at time of writing is 13.40 with a volume of 99,998. The stock has a PE of 15.36 and a market cap of 28.25M.
Jewett-Cameron Trading Company Ltd., through its subsidiaries, manufactures and distributes specialty metal products, and distributes wood products to home centers and other retailers primarily in the United States. It operates through four segments: Industrial Wood Products; Lawn, Garden, Pet, and Other; Seed Processing and Sales; and Industrial Tools and Clamps. The Industrial Wood Products segment processes and distributes industrial wood products; and offers treated plywood to boat manufacturers and the transportation industry.
And lastly: Iteris, Inc. (ITI), which is in the Technology sector, has 15.93% gains (which is 0.50 in dollars) so far today. The price at time of writing is 3.64 with a volume of 1,266,540.
Iteris, Inc. provides intelligent information solutions to the traffic management market worldwide. It operates in three segments: Roadway Sensors, Transportation Systems, and Performance Analytics. The Roadway Sensors segment provides various vehicle detection and information systems and products for traffic intersection control, incident detection, and roadway traffic data collection applications.