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Thursday, August 11, 2011

Great Stock Value (NYSE: B)

Shares of B traded higher by 4.41% or $0.91/share to $21.55. Barnes Group Inc. is trading at a price to book ratio of 1.41. The PEG is 0.64 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.94. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 384918 shares of B exchange hands on a given day and today's volume is recorded at 624229. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Barnes Group Inc. (Barnes Group) is an international logistical services company, and aerospace and industrial components manufacturer serving a range of end markets and customers.