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Friday, June 24, 2011

Potential Takeover Candidate? (TSE: VT.TO)

Shares of VT remained unchanged at $10.40. Viterra Inc. is trading at a price to book ratio of 0.99. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.38. The price to sales ratio came in at 0.4. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1005990 shares of VT.TO exchange hands on a given day and today's volume is recorded at 560563. 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:VT.TO - Google Finance Search