FFDP Corp. has yearly sales of $29.3 million and costs of $14.5 million. The companys balance sheet shows debt of $55.3 million and cash of $39.3 million. There are 1,960,000 shares outstanding and the industry EV/EBITDA multiple is 8.8.

What is the stock price per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)