Continucare Corporation

Continucare Corporation is an AMEX listed security that has been trading in a range between $2.29 and $3.69 over the past year. With 70,032,320 shares outstanding, a recent price of $2.97 gives a total market capitalization of $213,598,573. While there are certainly larger companies, Continucare Corporation has definitely earned its place in the pack. Last year, Continucare Corporation created $0.09 in earnings for every share outstanding.

Continucare Corporation is currently priced by the market at 36.00 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, Continucare Corporation could be an interesting value proposition.