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Friday, August 5, 2011

Undervalued Stock Detected (NASDAQ: ASMI)

Shares of ASMI traded higher by 3.69% or $0.86/share to $24.16. ASM International NV is trading at a price to book ratio of 1.73. The PEG is 0.28 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.56. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 84055 shares of ASMI exchange hands on a given day and today's volume is recorded at 37092. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.

ASM International N.V. (ASMI), incorporated on March 4, 1968, is a semiconductor capital equipment supplier.