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Monday, June 20, 2011

Potentially Oversold Level Reached (NYSE: WF)

Shares of WF fell by 0.52% or $-0.18/share to $34.24. Woori Finance Holdings Co. Ltd. is trading at a price to book ratio of 0.61. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.41. The price to sales ratio came in at 0.45. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 9886 shares of WF exchange hands on a given day and today's volume is recorded at 2225. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Woori Finance Holdings Co., Ltd. is a Korea-based financial holding company.