Shares of NDAQ traded higher by 3.33% or $0.68/share to $21.08. Nasdaq OMX Group Inc. is trading at a price to book ratio of 0.7. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.71 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.13. Thus, the company is not very expensive in terms of its sales. On average, 2176440 shares of NDAQ exchange hands on a given day and today's volume is recorded at 3493074. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
The NASDAQ OMX Group, Inc. is a global exchange group that delivers trading, exchange technology, securities listing, and public company services across six continents.