right, it's incredibly expensive.
The pe is 44 and there is no EPS growth. To justify a 44 pe, the co should be growing eps at a rate of at least 35% / year and this is not happening, obviously. The co also has far too much debt, and this makes the stock more risky. So it's a risky, overpriced stock with no earnings growth. If the pe were 10 or 15, then maybe the risk would be acceptable. But it's not.
Many novice posters here who have no expertise in securities analysis make the stupid mistake of seeing it at $3.30 and saying "oh its so cheap!" well, shame on them. They should be in bonds or in mutual funds.