From Motley F These 3 shares have rocketed higher by over 200%...

From Motley F

These 3 shares have rocketed higher by over 200% in the past 12 months

Adacel Technologies Limited (ASX: ADA)

The shares of this air traffic control software provider have soared by 213% in the last 12 months. It doesn’t come as a surprise considering in its recent FY 2016 results the company posted a 134% increase in net profit after tax to $9.2 million. The good news is that the strong momentum looks likely to be carried into FY 2017. In its investor presentation management revealed that its opening orders book for the 2017 financial year was the strongest in the company’s history. A further boost to growth could come from the United States. The company has noted that the US Federal Aviation Administration has started hiring 1,400 new air traffic control students, which is likely to cause an increase in demand for its training systems.