Investors love low priced stocks, and if they can buy stocks for less than $5 per share with favorable financials, they are ecstatic. Unfortunately, it is very difficult to find those types of stocks. Here are a group of five that have market caps over $275 million, have a debt to capital ratio of less than 14% (that means really low debt), and selling for less than book value (that means that if the company went out of business today, sold all assets, paid off debts, and distributed all proceeds to shareholders, the shareholders would receive more than what the stock is trading at).
Denison Mines Corp. (DNN) has a market cap of $431.4M has a debt to capital ratio of 0.04% and a price to book ratio of 0.55.
Adaptec, Inc. (ADPT) has a market cap of $367.1M has a debt to capital ratio of 0.10% and a price to book ratio of 0.91.
Satyam Computer Services Limited (SAY) has a market cap of $3.3B has a debt to capital ratio of 5.14% and a price to book ratio of 0.91.
Cowen Group, Inc. (COWN) has a market cap of $275.2M has a debt to capital ratio of 11.47% and a price to book ratio of 0.54.
New Gold Inc. (NGD) has a market cap of $1.7B has a debt to capital ratio of 13.18% and a price to book ratio of 0.94.
Do your homework on these thoroughly, as some of the above have generated negative earnings. If you like low priced stocks, don't forget to check out the list of 11 stocks under $10 per share at WallStreetNewsNetwork.com.
Author does not own any of the above.
By Stockerblog.com
I have a web site where I research stocks under five dollars. I would like to say something about ford motor. It was trading at just a dollar a share two years ago just goes to show that their are great companies that once traded under 3 dollars a share contrary to conventional wisdom.
ReplyDelete