Auto Parts Stocks Under $5 Revving Up: (ATC, QTWW, TXIC, WSCI)
July 14th, 2010 at 4:56 am Posted by Michael Gorney
As part of The Dean’s commitment to bringing the CollegeStock student body information on a number of diverse penny stocks, today he’s highlighting 4 Auto Parts Stocks under $5:
Cycle Country Accessories Corp. (AMEX: ATC) manufactures and sells accessories for all terrain and utility terrain vehicles. The product basket of the company also includes injection molded plastic wheel covers for a variety of small special purpose vehicles such as golf carts, lawn movers and light trailers. The company, in addition to selling products under own brands, also undertakes contract manufacturing for global clients. The $3.0 Million company reported sales and gross profit of $10.8 Million and $4.5 Million respectively for the most recent 12 months and has a trailing Price/Sales ratio of 0.3.
Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW) operates in alternative energy space and manufactures propulsion systems, storage mechanisms, and alternate fuel vehicles. The company also provides packaged solutions in power train engineering & battery control systems. The company caters primarily to OEMs and government agencies in the United States, Germany, Iceland, Japan and Norway. The $72.6 Million company reported sales of $13.4 Million for the most recent 12 months and has a trailing Price/Sales ratio of 5.5.
Tongxin International Ltd. (NASDAQ: TXIC) develops, manufactures and sells engineered vehicle body structures (EVBS) for light, medium, and heavy duty trucks, and light vehicles in China. A fully integrated company, it manufactures all the components in-house through its subsidiary Hunan Toxgin. The company provides regular post sales service facilities and also exports its products to Vietnam and the Middle East. The $57.8 Million company reported sales and EBITDA of $113.5 Million and $16.1 Million respectively for the most recent 12 months and has a forward P/E ratio of 3.9.
WSI Industries, Inc. (NASDAQ: WSCI) operates in high precision contract metal segment. The company manufactures metal components for clients spanning across energy, recreational vehicles, aerospace, defense, and biosciences industries. The company manufactures order specific metal components in the United States. The $7.7 Million company reported sales and EBITDA of $16.9 Million and $1.9 Million respectively for the most recent 12 months and has a trailing Price/Sales ratio of 0.4.
