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Tuesday, August 16, 2011

Excellent Stock Value (NASDAQ: NDAQ)

Shares of NDAQ fell by 3.22% or $-0.76/share to $22.86. Nasdaq OMX Group Inc. is trading at a price to book ratio of 0.81. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.74 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.31. On average, 2351320 shares of NDAQ exchange hands on a given day and today's volume is recorded at 3295457. 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.