Finjan Holdings (FNJN:NAS) and Gulf Resources (GURE:NAS) Trading at Less than Cash Value

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Trading at Less than Cash Value

Today we are looking at companies trading at less than cash value meaning companies whose current share price is less than the cash per share on the balance sheet. We also show the value of cash net debt per share to show how much cash per share would be left if the debt was paid off.

What this Means…

Companies can have more cash per share than the actual share price for a number of reasons including they just raised capital, are in industries that experience high burn rates and will eat through the cash quickly or if there is a lot of uncertainty about the future of the company. Companies earning a positive net income will have a P/E greater than 0 and are worth exploring in more detail.

Today’s Data on NASDAQ

Today’s data is for companies listed on the NASDAQ.

Symbol Name Close Price Shares Outstanding P/E P/B Cash per Share Net Cash per Share
LEXEA Liberty Expedia Holdings Inc 42.320000 57276000 None 0.9413 61.86 -23.05
LEXEB Liberty Expedia Holdings Inc 39.570000 57276000 None 0.8802 61.86 -23.05
CXDC China XD Plastics Co Ltd 3.950000 49727731 6.3710 0.2579 7.93 -8.55
AXON Axovant Sciences Ltd 1.490000 107788074 None 1.5059 1.75 1.26
OPHT Ophthotech Corp 2.690000 36188161 0.6708 3.4671 4.28 5.82
FNJN Finjan Holdings Inc 2.890000 27732328 3.1413 1.3428 2.90 -0.02
GURE Gulf Resources Inc 1.380000 46803791 28.4000 0.1675 5.06 5.00
EVK Ever-Glory International Group Inc 4.350000 14795992 5.2410 0.6429 4.41 1.59
ZAIS.DL ZAIS Group Holdings Inc 4.090000 14818332 None 1.6296 4.09 3.41
VSAR Versartis Inc 1.375000 36081466 None 0.6474 2.07 1.88
TRMT Tremont Mortgage Trust 11.250000 3142939 None None 19.29 None
APWC Asia Pacific Wire & Cable Corp Ltd 2.487100 13819669 3.9478 0.2242 3.34 0.35
GIGM GigaMedia Ltd 2.950000 11052235 32.7778 0.5373 5.62 5.77
ASCMA Ascent Capital Group Inc 2.160000 12398677 None 0.2662 2.43 -142.29
ABAC Renmin Tianli Group Inc 2.280000 9983745 13.7468 0.2411 6.62 6.40
EPIX ESSA Pharma Inc 3.239900 5776098 None 1.3992 3.76 2.46
CYCC Cyclacel Pharmaceuticals Inc 1.400000 11997447 None 0.8236 1.81 0.96
RTTR Ritter Pharmaceuticals Inc 3.120000 5019639 None 1.1708 3.77 None
CREG China Recycling Energy Corp 1.690000 8310198 None 0.0660 6.40 0.05
DARE Dare Bioscience Inc 1.090000 11422161 None 0.7870 1.37 0.66
KBSF KBS Fashion Group Ltd 5.030000 2271299 None 0.1543 10.27 9.25
AVGR Avinger Inc 1.930000 5562872 None 0.9023 2.59 1.24
NVIV InVivo Therapeutics Holdings Corp 6.386500 1565019 None 1.2009 7.42 6.95
TOPS TOP Ships Inc 1.025000 8923617 None 0.0862 2.70 -8.95
SBOT Stellar Biotechnologies Inc 2.030000 1502870 None 0.6436 2.19 1.33

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

FNJN:NAS Finjan Holdings
Finjan Holdings has 10 employees and is headquartered in United States.
Finjan Holdings Inc is a cybersecurity business engaged in licensing and enforcement, providing advisory services, developing mobile security applications, and investing in cybersecurity technologies and intellectual property.

GURE:NAS Gulf Resources
Gulf Resources has 699 employees and is headquartered in China.
Gulf Resources Inc manufactures and trades bromine and crude salt, and manufactures and sells chemical products used in oil and gas field exploration, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents.

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