Synthetic Biologics (SYN:ASE) and InspireMD (NSPR:ASE) 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 AMEX

Today’s data is for companies listed on the American Stock Exchange.

Symbol Name Close Price Shares Outstanding P/E P/B Cash per Share Net Cash per Share
LEU Centrus Energy Corp 3.330000 9038751 None None 13.82 -3.81
HMG HMG/Courtland Properties Inc 14.060000 1013292 3.1955 0.6466 19.09 17.77
SYN Synthetic Biologics Inc 0.669900 13483976 None None 0.71 0.34
NSPR InspireMD Inc 0.175000 41888895 None 0.8365 0.22 0.09
CEI Camber Energy Inc 0.472300 12613187 0.0317 0.7810 0.74 0.40

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.

SYN:ASE Synthetic Biologics

http://www.syntheticbiologics.com
Synthetic Biologics has 25 employees and is headquartered in United States.
Synthetic Biologics Inc is a late-stage biotechnology company focused on developing gut microbiome therapeutics. It is also developing monoclonal antibody therapies for the treatment of pertussis.

NSPR:ASE InspireMD

http://www.inspiremd.com
InspireMD has 43 employees and is headquartered in Israel.
InspireMD Inc is a United States based medical device company. It is primarily focused on the development and commercialization of proprietary MicroNet stent platform technology for the treatment of complex vascular and coronary disease.

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