Arrhythmia Research Technology Inc. is an AMEX listed security that has been trading in a range between $9.30 and $33.89 over the past year. With 2,711,680 shares outstanding, a recent price of $11.58 gives a total market capitalization of $32,540,160. While there are certainly larger companies, Arrhythmia Research Technology Inc. has definitely earned its place in the pack. Last year, Arrhythmia Research Technology Inc. created $0.69 in earnings for every share outstanding.
Arrhythmia Research Technology Inc. is currently priced by the market at 17.40 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.
With a share price under $50 a share and earnings per share below $1 a share, Arrhythmia Research Technology Inc. could be an interesting value proposition.
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