HEAT fell 1.09 percent to $3.18 yesterday and has been falling since early last year, when it peaked over $18. The company's products are used to transfer and measure heat, mostly for large industrial and power-generation facilities such as refineries and nuclear-power plants.
The company's last financial report on March 15 showed year-over-year revenue growth of 52 percent and a 47 percent increase in earnings. Management said the results met or exceeded guidance.
HEAT could also be potentially attractive to some value investors because it trades at about 3 times forward earnings and its enterprise value is just 3 times EBITDA. Its long-term price/earnings growth ratio is just 0.2 times.