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

Thursday, August 25, 2011

Potentially Oversold Level Reached (TSE: MFI.TO)

Shares of MFI traded higher by 1.25% or $0.14/share to $11.31. Maple Leaf Foods Inc. is trading at a price to book ratio of 1.62. The PEG is 0.57 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.32. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 121854 shares of MFI.TO exchange hands on a given day and today's volume is recorded at 147313. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.