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Tuesday, October 11, 2011

Potentially Oversold Level Reached (NYSE: NBG)

Shares of NBG fell by 10.23% or $-0.0583/share to $0.51. National Bank of Greece SA is trading at a price to book ratio of 0.26. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.13 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.3. On average, 3848660 shares of NBG exchange hands on a given day and today's volume is recorded at 1674620. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

National Bank of Greece SA (the Bank) is a Greece-based financial institution.