Trading Below Cash

Trading Below Cash

Describing a stock with less market capitalization than cash on hand. That is, the share price times the number of shares outstanding in a company trading below cash is less than its total cash minus its debt. A company may be trading below cash if its financial prospects are poor.
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References in periodicals archive ?
As previously reported, Raymond James analyst Steven Seedhouse downgraded InflaRx (IFRX) to Market Perform from Outperform as it is now trading below cash and thereby baking in what he believes is an appropriate value, which is zero value for hidradenitis suppurativa and risk to all follow-on indications in the pipeline for IFX-1.
He believes the shares trading below cash "presents an opportunity to participate in the G100 program at ground floor levels." The analyst keeps a Buy rating on Immune Design.