I-trax Inc.

I-trax Inc. is an AMEX listed security that has been trading in a range between $2.39 and $4.69 over the past year. With 40,199,350 shares outstanding, a recent price of $4.15 gives a total market capitalization of $170,445,235. While there are certainly larger companies, I-trax Inc. has definitely earned its place in the pack. Last year, I-trax Inc. created $0.02 in earnings for every share outstanding.

I-trax Inc. is currently priced by the market at 0.00 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, I-trax Inc. is unlikely to be an interesting value proposition.