Daphnes Treats and Toys is a retail pet supply chain that is trying to value itself for a potential sale. They currently earn $1.8 million in EBITDA, they have $5 M in outstanding par value debt, and their stock is currently trading at $55 per share with 100,000 shares outstanding.

One of Daphnes competitors, Rovers Rawhides was recently acquired for $33.68 per share. Prior to the acquisition attempt, they were trading at $18.61 per share. Analysts noted that the value of the consideration offered for the firms assets in the takeover offer was 10 times EBITDA (i.e. EV/EBITDA = 10).

Using the comparable transactions approach, what should Daphnes Toys and Treats value their firm's stock at per share? Use the average of the two available methods.