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Kewaunee Scientific Corp. leads Tuesday small-cap percentage gainers

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Laboratory products maker Kewaunee Scientific Corp. (Nasdaq: KEQU) reported a profit of $0.51 million, or $0.21 per share, for the fourth quarter ended April 30, compared with a loss of $0.25 million, or $0.11 per share, in the same period ended of 2006

A group of investors – including the firm HBK Investments LP - reported a 9.5% ownership in The Steak n Shake Co. (NYSE: SNS) in an SEC document filed after Monday’s closing bell.

Hoku Scientific, Inc. (Nasdaq: HOKU) shares are up more than 133.5% since June 13. The reason for the rise is unclear, but a Cowen and Co. analyst believes institutional investors are buying shares after the company’s market capitalization broke $100 million following last Wednesday’s announcement of a seven-year deal with the German solar panel maker Solar-Fabrik AG.

American Software, Inc. (Nasdaq: AMSWA) reported revenue of $22.5 million, or $0.11 per share, for the fourth quarter ended April 30, compared with revenue of $20.46 million, or $0.05 per share, in the same quarter a year earlier.

Identification technology company Intelli-Check, Inc. (AMEX: IDN) executives tried to assuage investors concerned for the company’s wellbeing after its 73-year-old CEO Frank Mandelbaum passed away on June 7. In a press release, Intelli-Check said the management transition since Mandelbaum’s death has been “orderly and the company is positioned to pursue its growth strategy.”

These are the biggest percentage gainers in Tuesday’s trading among companies with market capitalizations under $500 million:

    Price at %
3:11 et Change Change Volume Year High Year Low
 KEQU  KEWAUNEE SCIENTIFIC CORP   13.94     +2.29     +19.6%     281.7k     12.00     7.38  
 SNS  STEAK N SHAKE CO   17.18     +2.40     +16.2%     1,316.9k     19.40     13.25  
 KUN  CHINA SHENGHUO PHARM HLDGS I   5.70     +0.69     +13.8%     20.1k     8.15     3.50  
 HOKU  HOKU SCIENTIFIC INC   12.04     +1.30     +12.1%     20,606.3k     11.67     2.12  
 XTNT  XTENT INC   10.26     +1.02     +11.0%     140.2k     17.24     8.56  
 ASTI  ASCENT SOLAR TECHNOLOGIES IN   8.90     +0.83     +10.3%     1,867.1k     11.34     2.01  
 AMSWA  AMERICAN SOFTWARE -CL A   11.27     +0.97     +9.4%     397.6k     10.80     5.55  
 TRBN  TRUBION PHARMACEUTICALS INC   20.84     +1.73     +9.1%     23.8k     22.50     12.70  
 FORTY  FORMULA SYS 1985 LTD   14.91     +1.21     +8.8%     3.0k     15.27     9.00  
 MRT  MORTONS RESTAURANT GRP INC N   17.50     +1.31     +8.1%     331.4k     20.82     13.45