Bolt Technology Corp. is an AMEX listed security that has been trading in a range between $11.00 and $59.35 over the past year. With 5,614,890 shares outstanding, a recent price of $52.73 gives a total market capitalization of $316,118,303. While there are certainly larger companies, Bolt Technology Corp. has definitely earned its place in the pack. Last year, Bolt Technology Corp. created $1.56 in earnings for every share outstanding.
Bolt Technology Corp. is currently priced by the market at 36.20 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 over $50 a share and earnings per share in excess of $1 a share, Bolt Technology Corp. could be an interesting value proposition.
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