Shares of SCHN fell by 1.47% or $-0.83/share to $55.61. Schnitzer Steel Industries Inc. is trading at a price to book ratio of 1.51. The PEG is 0.86 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.57. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 315698 shares of SCHN exchange hands on a given day and today's volume is recorded at 90331. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Schnitzer Steel Industries, Inc. (SSI) is a recycler of ferrous and nonferrous scrap metal.
