Stocks Selling Below Cash or Near Cash
With the markets selling off sharply over the past week, I thought it was a good time to look for some new stocks that sell below cash or near cash. All the companies listed below are generally small-caps and carry no debt. Some have a history of being consistently free cash flow positive, and these stocks are italicized.
Below Cash
Zapata Corporation (ZAP): Price $6.54, Cash/Share $8.023
Harvest Natural Resources (HNR): Price $3.23, Cash/Share $3.592
The Street.com (TSCM): Price $2.18 , Cash/Share $2.385
QLTI Inc. (QLTI): Price $1.80 , Cash/Share $2.216 [discussed earlier in the comments section on a post on biotechnology companies]
California Micro Devices (CAMD): Price $1.91, Cash/Share $2.10
Near Cash
DivX (DIVX): Price $4.50 , Cash/Share $3.503
Silicon Image (SIMG): Price $2.82 , Cash/Share $2.498
Diamond Management & Technology Consultants (DTPI): Price $2.11 , Cash/Share $1.634