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

Friday, August 5, 2011

Potentially Oversold Level Reached (NYSE: ANR)

Shares of ANR fell by 5.26% or $-1.75/share to $31.49. Alpha Natural Resources, Inc. is trading at a price to book ratio of 1.47. The PEG is 0.43 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.97. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 6825960 shares of ANR exchange hands on a given day and today's volume is recorded at 2831031. These factors combined may make this company a potential takeover candidate. Value investors may have an eye on this one, especially if the stock gets cheaper.

Alpha Natural Resources, Inc. (Alpha) is a coal supplier in the United States.