Shares of CGV fell by 10.10% or $-2.48/share to $22.08. Compagnie G is trading at a price to book ratio of 0.99. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.85 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.15. Thus, the company is not very expensive in terms of its sales. On average, 121327 shares of CGV exchange hands on a given day and today's volume is recorded at 28930. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
CGGVeritas is a manufacturer of geophysical equipment and a provider of a range of services, including seismic data acquisition and related processing and interpretation software to the clients in the oil and gas exploration and production industry.
