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Friday, June 24, 2011

Potentially Oversold Level Reached (TSE: MFI.TO)

Shares of MFI remained unchanged at $11.18. Maple Leaf Foods Inc. is trading at a price to book ratio of 1.64. The PEG is 0.6 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.32. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 114267 shares of MFI.TO exchange hands on a given day and today's volume is recorded at 76433. 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:MFI.TO - Google Finance Search