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Friday, August 19, 2011

Undervalued Stock Detected (NASDAQ: WPPGY)

Shares of WPPGY fell by 1.14% or $-0.56/share to $48.71. WPP plc is trading at a price to book ratio of 0.57. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.96. The price to sales ratio came in at 0.4. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 61600 shares of WPPGY exchange hands on a given day and today's volume is recorded at 68554. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

WPP PLC (WPP) provides communications services on a national, multinational and global basis.