logo  
Sign in or Register

Already a member?

Sign in

Or sign in with your account on:

Not a member yet?

Register
    

American Pacific Corp. (APFC) Jumps on Rumors of Potential Sale

By  +Follow October 4, 2013 7:17AM
Share:
Tickers Mentioned:

Shares for American Pacific Corp (APFC) , the small-cap specialty chemicals manufacturer, added nearly 10 percent in midday trading heading into the weekend, on news that the company was considering selling itself.

The $415 million market-cap company saw shares advance to a new 52-week high at just over $58 per share as anonymous sources indicated that a deal could be announced soon, and that the investment bank KeyBanc Capital Markets had been hired to advise the company on moving forward with a possible sale.

Like a good number of specialty chemicals companies, American Pacific’s business is comprised of a diverse juxtaposition of industries. The company develops chemicals used in pharmaceutical treatments for central nervous system disorders, anti-viral medications, and oncology, and is furthermore the only producer of sodium azide in the US.

The company also develops and produces ammonium perchlorate, an oxidizing agent used in rockets, motors, and missiles destined for space exploration as well as defense, and has smaller segments devoted to fire-retardant chemicals as well as water treatment equipment.

While the company, as well as KeyBanc, have so far been tight-lipped in terms of official statements, American Pacific is the best-performing stock in the specialty chemicals industry this year, having advanced an astonishing 244 percent so far in 2013. Over the past 12 months, this figure is even more impressive, at just shy of 350 percent.

 

 

[Image Courtesy of Wikimedia Commons]

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions.


Liked What You Read? Join Equities.com and Connect With Your Favorite Financial Experts FOR FREE! Members of Equities.com gain access to our leading financial news and content, active social investment community, proprietary research tools including the 2014 Small-Cap Stars, E.V.A. reports and more.

Results for APFC
Stockaholics
20 Oct 14 00:31:08
After Massive Gains On Penny Stock Picks, another New Pick Is Coming! Check it out: http://t.co/YX0NLZhRQ5 $YPF $APFC $TLF
Stockaholics
19 Oct 14 20:10:54
IBIO Closed Up 69.84% After Our Penny Stock Alert! New Picks Coming: http://t.co/OG2rloNNni $YPF $APFC $TLF
Stockaholics
19 Oct 14 17:27:37
IBIO Closed Up 69.84% After Our Penny Stock Alert! New Picks Coming: http://t.co/OG2rloNNni $YPF $APFC $TLF
Stockaholics
18 Oct 14 04:08:47
IBIO Closed Up 69.84% After Our Penny Stock Alert! New Picks Coming: http://t.co/OG2rloNNni $YPF $APFC $TLF
Stockaholics
17 Oct 14 14:02:17
IBIO Closed Up 69.84% After Our Penny Stock Alert! New Picks Coming: http://t.co/OG2rloNNni $YPF $APFC $TLF
Stockaholics
17 Oct 14 09:57:47
Platinum Penny Stock Picks Gained 125% last week! New Pick Coming Today! Check It Out: http://t.co/7gQJ2ZCjuq $YPF $APFC $TLF
Stockaholics
16 Oct 14 22:12:51
Platinum Penny Stock Picks Gained 125% last week! New Pick Coming Today! Check It Out: http://t.co/7gQJ2ZCjuq $YPF $APFC $TLF
Stockaholics
16 Oct 14 19:40:05
ABPI Gained 1,587.50% In 3 days! Big News: http://t.co/7gQJ2ZCjuq $YPF $APFC $TLF
Stockaholics
16 Oct 14 13:30:12
ABPI Gained 1,587.50% In 3 days! Big News: http://t.co/7gQJ2ZCjuq $YPF $APFC $TLF
Penny Stock Secret
16 Oct 14 04:45:12
This Guy Made $4 Million Trading Because He Knew How To Spot Stocks! Click Here http://t.co/SVqoMkrw2z ..$YPF $APFC $TLF
Stockaholics
14 Oct 14 22:12:46
ABPI Gained 1,587.50% In 3 days! Big News: http://t.co/7gQJ2ZCjuq $YPF $APFC $TLF
Penny Stock Secret
14 Oct 14 19:29:07
Secret That Has Made GREG, And 22 of his friends and family members MILLIONAIRES! FIND HERE http://t.co/SVqoMkrw2z .. $YPF $APFC $TLF
Penny Stock Secret
14 Oct 14 19:21:21
Secret That Has Made GREG, And 22 of his friends and family members�MILLIONAIRES! FIND HERE http://t.co/SVqoMkrw2z ..$YPF $APFC $TLF
Stockaholics
14 Oct 14 15:15:10
Our Penny Stock Alerts Gained Over 570% Within the past 6 Trading Days! New Picks Coming: http://t.co/OHPRpgNMTU $YPF $APFC $TLF
TickerChirp
14 Oct 14 10:45:04
Trending Tweets for $APFC on 10/14/2014 http://t.co/WGSASd0vkI
Penny Stock Secret
14 Oct 14 09:40:35
Replicate multimillionaire strategy easy to copy! Subscription is cheap Click here http://t.co/m8n9Y2Sx2C $YPF $APFC $TLF
Stockaholics
14 Oct 14 01:33:36
Our Penny Stock Alerts Gained Over 570% Within the past 6 Trading Days! New Picks Coming: http://t.co/OHPRpgNMTU $YPF $APFC $TLF
Stockaholics
13 Oct 14 14:27:33
Our Penny Stock Alerts Gained 400% in the past week! Get the new picks early: http://t.co/StYMxCxzPy $YPF $APFC $TLF
Stockaholics
12 Oct 14 13:12:40
Our Penny Stock Alerts have gained over 400% In The Past Week! Subscribe today: http://t.co/f22do3G0Oo $YPF $APFC $TLF
Stockaholics
12 Oct 14 05:55:34
Our Penny Stock Alerts have gained over 400% In The Past Week! Subscribe today: http://t.co/f22do3G0Oo $YPF $APFC $TLF
				
				
By  +Follow October 4, 2013 7:17AM
Share:

Comments

 

blog comments powered by Disqus

About us

Equities.com is the most advanced interactive online social ecosystem for the financial industry, serving as a resource center and next-generation communication platform that connects self-directed investors with public issuers, market experts, and professional service providers and vendors. Registered members can leverage our exclusive proprietary research tools such as the Small-Cap Stars, which outperformed 90% of all small-cap mutual funds, and robust do-it-yourself E.V.A. research reports. The Equities.com Issuer Dashboard is the ideal tool to communicate and manage investor awareness campaigns to the investment community, as well as to access valuable resources to help your company grow.

Market Data powered by QuoteMedia.
Copyright © QuoteMedia. Data delayed 15 minutes unless otherwise indicated. Terms of Use.