Smith-Midland is proud to be an OTCQX Best 50 Company
March 17, 2017 | Investor Relations / Financials
MIDLAND, VA – March 16, 2017 — Smith-Midland Corporation (OTCQX: SMID). In February the OTC Markets Group announced its 50 top performing companies on their premier QX exchange.
“Congratulations on being one of the 50 best performing companies on the OTCQX market. The 2017 OTCQX Best 50 ranks top performing companies based on total return and growth in average daily volume in 2016. Inclusion in this list is a direct reflection of your company’s commitment to increasing shareholder value and liquidity.” – Jason Paltrowitz, OTC Executive VP of Corporate Services.
Smith-Midland achieved an average daily volume increase in 2016 of 142%, and a total return over 64%.
Currently the OTC Markets Group trades approximately 9,500 securities on a daily basis. Of these, only 416 securities are listed within the OTCQX group, the Top Tier of the OTC market. Smith-Midland resides within a select group of only 18 of these securities qualified to be listed as US Premier. “We have made a commitment to high-quality reporting and transparency for the long-term benefit of our investors. We thank the OTC group for their recognition of these efforts.” – Rodney Smith, Chairman and CEO of The Smith-Midland Corporation.
For more details on the 2017 OTCQX Best 50 ranking, visit: http://web.otcmarkets.com/otcqx-best-50/
Smith-Midland Corporation (Del.) is a publicly traded company (OTCQX: SMID). Smith-Midland (Va.) develops, manufactures, and sells a broad array of precast concrete products for use primarily in the construction, transportation, and utilities industries. Smith-Midland Corporation (Del.) has three manufacturing facilities located in Midland, Va., Reidsville, N.C., and Columbia, S.C. Easi-Set Worldwide, a wholly-owned subsidiary of Smith-Midland Corporation (Del.), licenses the production and sale of Easi-Set products and provides diversification opportunities to the precast industry worldwide. For more information, please call (540) 439-3266.
The OTCQX Best 50 is for informational purposes only. Neither OTC Markets Group Inc. nor its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Investors should undertake their own due diligence and carefully evaluate companies before investing.
William A. Kenter
Chief Financial Officer