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Monday, July 18, 2011

Stocks with Strong Financial Metrics (NYSE: SPP)

Shares of SPP fell by 5.92% or $-0.29/share to $4.61. Sappi Limited is trading at a price to book ratio of 1.3. The PEG is 0.25 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.36. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 9653 shares of SPP exchange hands on a given day and today's volume is recorded at 7931. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Sappi Limited (Sappi) is a paper and pulp company.