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Micro-Cap on the Move; KMA Global Solutions International Inc. (KMAG)

By Warren Paige

KMA Global Solutions International Inc. (PINK: KMAG), a provider of generic and customized solutions in the apparel, multi-media, sporting goods, food and pharmaceutical industries, has seen a sharp rise in its shares in trading today.

KMAG shares are currently trading 7.69% higher at $0.0042 on volume of 11.98 million, taking their gains in the last three trading sessions to 27.27%.

KMA Global this month announced its first-quarter financial results. KMAG posted a 611% increase in first-quarter revenue. The company also posted net income of $50,788, compared to a loss of $4,641 reported for the same period in the previous year.

KMA Global Solutions said that it sales in the second quarter have been strong. Jeffrey Reid, CEO of KMA Global, said this month that the company is on schedule to re-emerge as a leader in the marketplace.

June 21st, 2012 | Tags: | Category: Hot MicroCaps

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.