This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

$5 Stocks Least Likely to Declare Bankruptcy

3. Rexahn Pharmaceuticals (RNN) is a biopharmaceutical company with a focus on developing treatments for cancer and central nervous system disorders. The shares spiked to a 52-week high of $3.68 in April before the company announced results of a phase II study of its experimental anti-depressant serdaxin. TheStreet's Adam Feuerstein raised red flags about Rexahn's disclosure of what the company called positive data, arguing that the company highlighted a subgroup analysis and was data-mining. In June, Rexahn completed a registered direct offering, with net proceeds of about $9.45 million going toward further development of the company's lead clinical programs, including the funding of Rexahn's Phase II clinical study program of serdaxin, zoraxel and archexin.

Altman Z-score: 69

Closing Price: $1.37 (Aug. 4)

2010 Total Return: 101.5%

Current Ratio: 9.10, which shows that Rexahn would easily be able to use its current assets to pay back its short-term liabilities if they came due.

Consensus: Only one research firm, Rodman & Renshaw, follows Rexahn's stock. It recommends that investors buy the shares. The firm's price target of $2 represents more than 50% upside from where the stock is trading.

3 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
VIFL $0.00 0.00%
PURE $0.59 0.00%
RNN $0.74 0.00%
URZ $1.05 0.00%
AAPL $124.75 0.00%

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs