Dallas 2/25/2011 8:23:36 AM
News / Finance

SCHN, HAYN, AIIFF, CHOP, USAP: Thinly Traded Stocks With Solid Cash Flows

Thinly Traded Stocks With Solid Cash Flows: SCHN, HAYN, AIIFF, CHOP, USAP

Schnitzer Steel Industries (NASDAQ:SCHN) has been relatively unchanged gaining 0.18% or $.11 a share to settle at $61.34 with a moderate volume of 92,053 shares compared to its three-month average volume of 295,798. For the past 52 weeks the stock has been trading between $37 and $69.43 a share with an average market capitalization of $1.7 billion and a trailing 12 months P/E ratio of 18.51.

Schnitzer Steel Industries, Inc. (SSI) is a recycler of ferrous and nonferrous scrap metal. The Company is a recycler of used and salvaged vehicles and a manufacturer of finished steel products. Through its North American metals recycling business, it collects and recycles autobodies, rail cars, home appliances, industrial machinery, manufacturing scrap and construction demolition from bridges, buildings and other obsolete structures. As of August 31, 2010, it had 43 operating facilities located in 14 states and Puerto Rico.

Haynes International Inc. (NASDAQ:HAYN) has lost 0.36% or $.18 to settle at $50.42 a share with a volume of 27,123 compared to its average three-month volume of 78,000. For the past 52 weeks the stock has been trading between $26.61 and $58.22 with an average market capitalization of $614 million and a P/E ratio of 39.79.

Haynes International, Inc. (Haynes) is engaged in the production of nickel- and cobalt-based alloys in sheet, coil and plate forms. The Company is focused on developing, manufacturing, marketing and distributing alloys, which are sold in the aerospace, chemical processing and land-based gas turbine industries. The Company's products consist of high temperature resistant alloys (HTA) products, and corrosion resistant alloys (CRA) products.

Armtec Infrastructur (PINK:AIIFF) has gained 1.7% or $.31 to settle at $18.59 a share with a very thin volume of 200 shares compared to its average three-month volume of 970 shares. For the past 52 weeks the stock has been trading between $14.96 and $24.84 a share.

Armtec Infrastructure Income Fund (the Fund) is an open-ended, limited purpose trust. It is a manufacturer and marketer of a range of infrastructure products and engineered construction solutions for customers in diverse industries that are located in Canada and North America. The Fund specializes in high density polyethylene (HDPE) and corrugated steel pipe (CSP) products for drainage and bridge applications, water management systems, a suite of highway noise barriers and offers a variety of precast and pre-stressed concrete products, which provide advanced construction components and engineered solutions.

China Gerui Advanced Materials Group (NASDAQ:CHOP) has gained 0.7% or $0.04 to settle at $5.56 a share with a light volume of 33,917 shares compared to its average three-month volume of 204,662 shares. For the past 52 weeks the stock has been trading between $4.55 and $8.20 with an average market capitalization of $250.6 million and a P/E ratio 5.06 for the trailing 12 months.

China Gerui Advanced Materials Group Limited is a non state-owned contract manufacturer of cold-rolled high precision narrow strip steel products. It converts steel manufactured by third parties into thin steel sheets and strips according to the customer's specifications. It sells the products to the domestic Chinese customers who primarily operate in the food and packaging, construction materials, telecommunications cable and equipment and electrical appliances industries.

Universal Stainless & Alloy Products Inc. (NASDAQ:USAP) has been relatively unchanged gaining only $0.01 to settle at $32.01 with a volume of 8956 shares compared to its average three-month volume of 27,003 shares. For its for the past 52 weeks the stock has been trading between $15.68 and $34.75 with a market capitalization of $218 million and a trailing 12 months P/E ratio of 16.59.

Universal Stainless & Alloy Products, Inc. manufactures and markets semi-finished and finished specialty steel products, including stainless steel, tool steel and certain other alloyed steels together with its wholly owned subsidiaries. The Company's manufacturing process involves melting, remelting, heat treating, hot and cold rolling, machining and cold drawing of semi-finished and finished specialty steels. Its products are sold to rerollers, forgers, service centers, original equipment manufacturers (OEMs) and wire redrawers.

OTCPicks.com is not a registered investment advisers or broker/dealer. OTCPicks.com makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk. Always do you own homework before investing in any stock.

Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

Disclosure: OTCpicks.com has not been compensated for any current or recent stocks listed in this stock news report