Federal Trust Corporation is an AMEX listed security that has been trading in a range between $7.35 and $10.94 over the past year. With 9,388,830 shares outstanding, a recent price of $7.95 gives a total market capitalization of $73,232,876. While there are certainly larger companies, Federal Trust Corporation has definitely earned its place in the pack. Last year, Federal Trust Corporation created $0.25 in earnings for every share outstanding.
Federal Trust Corporation is currently priced by the market at 31.00 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, Federal Trust Corporation could be an interesting value proposition.
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