International Road Dynamics, $1.02, symbol IRD on Toronto (Shares outstanding: 14.3 million; Market cap: $14.3 million; www.irdinc.com), makes products and systems that manage highway traffic, including automated toll-road and weigh-station systems for trucks.
The company’s weigh-in-motion system weighs trucks while they’re moving, rather than at less efficient roadside stations. International Road also makes advanced traffic-control, driver-management and data-collection systems.
Recent contracts include a $2.1-million deal for a weigh-in-motion system in Wisconsin and a $1.35-million U.S. order for five weigh-in-motion systems to be installed throughout Chile.
In its fiscal 2015 first quarter, which ended February 28, 2015, International Road’s sales rose 3.6%, to $10.7 million from $10.3 million a year earlier. Cash flow jumped to $1.8 million, or $0.13 a share, from $739,160, or $0.05.
International Road’s total debt of $7.1 million is a somewhat high 50% of its $14.3-million market cap.
The company’s growth prospects are limited, it operates in a very competitive global market, and it is a thin trader. However, the…
Privacy Policy and Terms of Use
The Successful Investor Inc. and its affiliate Successful Investor Wealth Management (referred to hereafter as TSI Network) know that you care how information about you is used and shared, and we appreciate your trust that we will do so carefully and sensibly. This notice describes our privacy policy. By visiting websites owned by or associated with TSI Network, you are accepting the practices described in this Privacy Policy.
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We do not collect or disclose personal information, except when it is provided to us voluntarily by the site/store visitor with their consent.
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The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
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Does TSI Network Use the Information It Receives?
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Changes to this Policy
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TSI Network may revise this Policy from time to time.
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