Big jump for IRD

Article Excerpt

INTERNATIONAL ROAD DYNAMICS $0.92 (Toronto symbol IRD; SI Rating: Speculative) (306-653-6600; www.ird.ca; Shares outstanding: 14 million; Market cap: $12.9 million; No dividends paid) jumped more than 50% in mid-March after it reported quarterly results that were higher than a year ago. In the three months ended November 30, 2009, International Road’s revenue rose 3.9%, to $12.8 million from $12.3 million a year earlier. The company has customers all over the world; it reported higher sales in all regions, and across most of its product lines. International Road earned $0.03 a share, up from nil a year ago. International Road makes products and systems that manage highway traffic, as well as weigh-station technology for trucks. International Road Dynamics is a buy. buy…