Shares of TX traded higher by 3.04% or $0.63/share to $21.38. Ternium S.A. is trading at a price to book ratio of 0.67. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.72 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.49. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 597309 shares of TX exchange hands on a given day and today's volume is recorded at 370938. These factors combined may make this company a potential takeover candidate. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
Ternium SA is a steel company in Latin America that manufactures and processes flat and long steel products for the construction, home appliances, capital goods, container, food, energy and automotive industries.
