Shares of FOE traded higher by 7.41% or $0.93/share to $13.48. Ferro Corp. is trading at a price to book ratio of 1.83. The PEG is 0.63 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.5. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1019800 shares of FOE exchange hands on a given day and today's volume is recorded at 408279. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Ferro Corporation (Ferro) is a producer of specialty materials and chemicals that are sold to a range of manufacturers who, in turn, make products for end-use markets.
