(Summary) (Chart)
19 August 2018 Price $37.56 1yr Target $48.67 Analysts 3 Dividend $0.00 Payout Ratio --- 1yr Cap Gain 29.57% Yield 0.00% 1yr Tot Return 29.57% | EPS (ttm) $0.05 EPS next yr $0.12 Forward P/E 302.90 EPS next 5yr 74.90% 1yr Price Support $8.98 Market Cap $1.24 Bil Revenues $217.00 Mil Earnings $1.70 Mil Profit Margin 0.78% | P/E 766.53 PEG 10.23 Beta 2.48 Quick Ratio 4.00 Current Ratio 4.50 Debt/Equity 0.17 ROA -1.80% ROE -2.80% |
An investment in these shares is really a balancing act between buying something that's extremely overpriced versus something that's growing at a phenomenal rate. Add in a rather high beta and it makes sense to wait for a buying opportunity. That may mean waiting for a pullback to the 200 dma which is currently below $30 per share. But waiting for a fall that large may never happen. Options is another strategy but at this price you;d have to sell puts with a strike price so far away from the current price that the premium probably isn't worth the effort. Another option would be to sell puts farther out but then the exposure is too long. So this only works for me if the actually shares drop. I'll put this on my watch list and see what happens.