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Friday, October 7, 2011

Potentially Oversold Level Reached (NYSE: BG)

Shares of BG fell by 2.33% or $-1.34/share to $56.12. Bunge Limited 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 0.86 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.17. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1100790 shares of BG exchange hands on a given day and today's volume is recorded at 1437422. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Bunge Limited (Bunge) is a global agribusiness and food company operating in the farm-to-consumer food chain.