FREEDOM ACQUISITION HOLDINGS INC is an AMEX listed security that has been trading in a range between $8.90 and $12.40 over the past year. With 64,800,000 shares outstanding, a recent price of $11.36 gives a total market capitalization of $741,959,988. While there are certainly larger companies, FREEDOM ACQUISITION HOLDINGS INC has definitely earned its place in the pack. Last year, FREEDOM ACQUISITION HOLDINGS INC created $0.00 in earnings for every share outstanding.
FREEDOM ACQUISITION HOLDINGS 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, FREEDOM ACQUISITION HOLDINGS INC is unlikely to be an interesting value proposition.
Monday, July 16, 2007
FREEDOM ACQUISITION HOLDINGS INC
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