Gainers
InMed Pharmaceuticals Inc. (NASDAQ: INM) shares gained 39.1% to close at $1.05 on Thursday. The company recently said its CFO Bruce Colwill will retire.
Emclaire Financial (NASDAQ:EMCF) reported quarterly earnings of $1.23 per share. This is a 86.36 percent increase over earnings of $0.66 per share from the same period last year.
What Defines a Value Stock?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
Emclaire Financial (NASDAQ:EMCF) reported quarterly earnings of $0.67 per share. This is a 52.27 percent increase over earnings of $0.44 per share from the same period last year.