Versartis (VSAR: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 46.830000 57276000 None 1.0416 61.86 -23.05
LEXEB Liberty Expedia Holdings Inc 46.000000 57276000 None 1.0232 61.86 -23.05
PDLI PDL BioPharma Inc 2.450000 151640656 3.6029 0.4407 2.67 1.89
CXDC China XD Plastics Co Ltd 3.200000 49727731 5.1613 0.2089 7.93 -8.55
SCPH scPharmaceuticals Inc 5.740000 18542334 None 1.0867 5.89 5.37
OPHT Ophthotech Corp 2.830000 36188161 0.7057 3.6476 4.28 5.82
VSAR Versartis Inc 2.025000 36081466 None 0.9535 2.07 1.88
GURE Gulf Resources Inc 1.325700 46803791 28.4000 0.1609 5.06 5.00
ZAIS.DL ZAIS Group Holdings Inc 4.090000 14818332 None 1.6296 4.09 3.41
ASNS Arsanis Inc 3.630000 14294421 None 1.0716 4.48 3.64
ICON Iconix Brand Group Inc 0.680700 66109592 None None 0.79 -10.68
TRMT Tremont Mortgage Trust 13.180000 3142939 None None 19.29 None
EVK Ever-Glory International Group Inc 2.650000 14795992 3.1928 0.3916 4.41 1.59
APWC Asia Pacific Wire & Cable Corp Ltd 2.595000 13819669 8.9483 0.2266 3.91 1.37
EDGE Edge Therapeutics Inc 1.070000 31246231 None 0.7551 2.40 1.73
GIGM GigaMedia Ltd 2.910000 11052235 32.3333 0.5300 5.62 5.77
ABAC Renmin Tianli Group Inc 2.690000 9983745 16.2188 0.2845 6.62 6.40
CYCC Cyclacel Pharmaceuticals Inc 1.480000 11997447 None 0.8706 1.81 0.96
TOPS TOP Ships Inc 1.030000 16973617 None 0.1648 1.42 -4.71
FLKS Flex Pharma Inc 0.938800 18013532 None 0.7726 1.22 None
DARE Dare Bioscience Inc 1.280100 11422161 None 0.9242 1.37 0.66
CREG China Recycling Energy Corp 1.610000 8310198 None 0.0628 6.40 0.05
RTTR Ritter Pharmaceuticals Inc 2.380000 5019639 None 0.8931 3.77 None
KBSF KBS Fashion Group Ltd 4.910000 2271299 None 0.0730 11.10 10.37
NVIV InVivo Therapeutics Holdings Corp 2.010000 3026749 None 0.7310 3.84 3.59

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.

VSAR:NAS Versartis
Versartis has 27 employees and is headquartered in United States.
Versartis Inc is an endocrine-focused biopharmaceutical company initially developing long-acting recombinant human growth hormone for the treatment of growth hormone deficiency.

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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