Lunchtime ASX small cap wrap: who’s kicked the most goals
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Here are the key ASX small cap winners and losers at lunchtime Tuesday July 17:
The ASX Small Ords was down 19.4 points or 0.7 per cent to 2,816.6 at 12.20pm AEST.
Cloud software company JCurve Solutions (ASX:JCS) gained 20 per cent in the first hours of Tuesday, reaching an intraday high of 4.1c. The company lodged preliminary results for FY18 this morning, informing investors it had hit towards the top end of its earnings guidance.
JCurve, which offers software suites for businesses to bring together different databases, netted $12.6 million in sales income and EBITDA came in at $700,000.
ITL Health Group (ASX:ITD) was up by as much as 40 per cent this morning after giving indications of its 2018 numbers. The share price hit an intraday high of 24.5c, compared with its 17.5c closing price on Monday.
Blockchain genetic testing play Genetic Technologies (ASX:GTG) was up 20 per cent to 1.3c after telling investors its breast and colorectal cancer tests should be ready by October this year.
Meanwhile, employee communications platform Reffind (ASX:RFN) saw a 22 per cent increase in price to 1.1c after announcing its investment Loyyal had launched a new version of its blockchain loyalty app.
Entertainment streaming play Swift Networks (ASX:SW1) also gained 16 per cent early in the day after announcing its earnings figures were up 166 per cent year-on-year.
The company, which supplies entertainment streaming products to resources sites and aged care facilities, generated $2.7 million in earnings this past year, compared with $1 million in 2017.
Here are the best performing ASX small cap stocks at 12.30pm AEST Tuesday, July 17:
Swipe or scroll to reveal the full table. Click headings to sort
Toilet paper and nappy maker Asaleo Care (ASX:AHY) was the biggest loser this morning, down as much as 40 per cent to an intraday low of 82c.
The company revealed its numbers for the first half of 2018, with revenue down 9 per cent and earnings down 24 per cent to $46.3 million per cent for the half.
Asaleo blamed the decrease on increased electricity and pulping costs and decreased product movement in consumer tissue sales.
Here are the worst performing ASX small cap stocks at 12.30pm Tuesday, July 17.
Swipe or scroll to reveal the full table. Click headings to sort: