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Perma-Pipe International Holdings Signs MoU With Welspun Over Development Of Pipe Manufacturing, Coating Sites In Jordan

Benzinga Newsdesk

Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) ("Perma-Pipe" or the "Company"), a global leader in engineered pipe solutions specialising in anti-corrosion coatings, insulation solutions,

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    Revisiting 2 Outperform Microcaps

    Zacks highlights two microcap stocks with Outperform ratings that have delivered strong returns. Perma-Pipe International (PPIH) has gained 250% since May 2024, benefiting from Middle East infrastructure and data center expansion, though facing near-term margin pressure from facility ramp-up costs. Friedman Industries (FRD) has returned 120% since December upgrade, demonstrating operational leverage with EBITDA more than doubling despite steel industry cyclicality risks.

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