Kitty Hawk Inc.

Kitty Hawk Inc. is an AMEX listed security that has been trading in a range between $0.24 and $1.13 over the past year. With 53,534,660 shares outstanding, a recent price of $0.29 gives a total market capitalization of $16,060,399. While there are certainly larger companies, Kitty Hawk Inc. has definitely earned its place in the pack. Last year, Kitty Hawk Inc. created $-0.35 in earnings for every share outstanding.

Kitty Hawk 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, Kitty Hawk Inc. is unlikely to be an interesting value proposition.