Navigate this market better. Subscribe for FREE stock alerts and information.

Tuesday, June 21, 2011

Stocks with Strong Financial Metrics (NYSE: PKX)

Shares of PKX traded higher by 4.03% or $3.91/share to $100.86. POSCO is trading at a price to book ratio of 0.22. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.92 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.13. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 353847 shares of PKX exchange hands on a given day and today's volume is recorded at 73398. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.

POSCO is an integrated steel producer in Korea. It produced approximately 33.