The PEG Ratio is screaming SELL. It is the ratio of the price to earnings that quantity compared to the earnings growth rate. This ratio is of paramount importance. A ratio of one is naturally all things being equal a fairly priced stock. The price of the stock is growing at the same rate as the earnings. A ratio of less than one indicates a stock price that is discounted as compared to the earnings curve. And a PEG of greater than one says the price of the stock is growing faster than earnings.
Athena's PEG is 2.23. The ONLY reason to buy a stock with this ratio would be that it is a startup type situation in which you think the current investors know something the rest of the world does not.
That is NOT true here. There is nothing around the corner here that is unknown. There is massive competition. Margins are compressing. There will be no more subsidy push until June of next year. The insiders are 100% sellers. The institutions cannot buy anymore unless they buy from each other!
With. PEG of 2.23 you could have a stock price of $30 per share and STILL HAVE A PEG RATIO OVER ONE.
To buy this stock is insane. To not sell your current position is merely wishful thinking. ESP when you consider the large institutions have made a killing.
There will be days when the price moves up and the idiots who follow that bouncing ball will buy. But the stock is on the way down down down. Unless the company comes out with some shocking sales coup it cannot go any other direction.
Apple's PEG Is 0.5. Meaning that Apple's P/E is one half its expected earnings growth rate. Of course there are very major differences but discounting them all which is more attractive? What other stocks selling with a PEG of 2.24 are you interested in???