Friday, July 20, 2007

Paragon Technologies Inc.

Paragon Technologies Inc. is an AMEX listed security that has been trading in a range between $5.19 and $8.95 over the past year. With 2,769,190 shares outstanding, a recent price of $6.80 gives a total market capitalization of $18,802,800. While there are certainly larger companies, Paragon Technologies Inc. has definitely earned its place in the pack. Last year, Paragon Technologies Inc. created $0.05 in earnings for every share outstanding.

Paragon Technologies Inc. is currently priced by the market at 140.50 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, Paragon Technologies Inc. could be an interesting value proposition.

0 comments: