Nautilus: Priced Below Liquidation

Summary

• The market is pricing Nautilus for distress/bankruptcy at $3.02 or a market cap of 98.432 million.
• Nautilus is balance sheet cheap with a market price below liquidation value.
• I recommend buying NLS for speculative investors at current prices.

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Description:

Nautilus (NLS) is a fitness solutions company. It designs and markets cardio and strength fitness products. Treadmills, ellipticals, stationary bikes, and weightlifting equipment sell under the Nautilus Bowflex, Schwinn, and Universal brands. And, offers a fitness digital platform, JRNY. My interest in buying NLS