Shares of TRE traded higher by 51.24% or $2.68/share to $7.91. Sino-Forest Corporation is trading at a price to book ratio of 0.4. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.58 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.67. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1371050 shares of TRE.TO exchange hands on a given day and today's volume is recorded at 1258226. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
TSE:TRE.TO - Google Finance Search BlogThis!Share to FacebookShare to Pinterest
