Interesting company. Tremendous sell off recently. Tax time? Company going bankrupt? If not the latter, and if this isn't another company with financials like IDID, at 25 cents, if this company can turn around, this may be an incredible bargain. Needs researching! say it three times before plunking down hard earned quarters: due diligence! due diligence! due diligence!
But how will they be profitable next year? Whay are they so much in debt? Can they get out?
Stock is well under book value, cash on hand is 0.11/ share (half the stock price, similar to another stock having trouble now :-) at some finanicials from DBC: dbc.com
Complete Financials: Mar 1996 Earnings Announcement: Jun 1996 Business Summary Advanced NMR Systems operates under 2 segments: imaging systems, which develops and manufactures MRI systems and imaging & rehab. services. For the comparable six months ended 3/96, revenues rose from $2M to $14.9M. Net loss increased 5% to $2.3M. Revenues benefitted from the acquisition of the Imaging and Rehabilitation Services. Higher loss reflects the addition of MDI operations and higher interest expense due to the acquisition of MDI. *Earnings Announcement: For the quarter ended JUN 1996, revenues were 7,055; after tax earnings were -1,701. (Thousands)
RATIOS AND STATISTICS AT A GLANCE (As of 12/13/96) Price $ 0.28 52 Week High $ 2.56 52 Week Low $ 0.28 3 Month Avg Daily Vol (Mil) 0.19 Beta 1.88 Market Cap (Mil) $ 8.50 Shares Outstanding (Mil) 30.26 Float (Mil) 27.20 Indicated Annual Dividend $ 0.00 Dividend Yield % 0.00 EPS (TTM) $ -0.22* P/E Ratio (TTM) NM* Book Value (MRQ) $ 0.86 Price/Book (MRQ) 0.33 Sales Per Share (TTM) $ 0.85* Return on Assets (TTM) % -13.56* Return on Equity (TTM) % -26.15* Cash Per Share (MRQ) $ 0.11 Current Ratio (MRQ) 1.68 Total Debt/Equity (MRQ) 0.85
Note: Mil = Millions MRQ = Most Recent Quarter TTM = Trailing Twelve Months |