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Monday, October 10, 2011

Stocks with Strong Financial Metrics (NYSE: CPX)

Shares of CPX traded higher by 39.70% or $8.09/share to $28.47. Complete Production Services, Inc. is trading at a price to book ratio of 1.72. The PEG is 0.36 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.83. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 2498700 shares of CPX exchange hands on a given day and today's volume is recorded at 2579790. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.

Complete Production Services, Inc. (Complete) provides specialized completion and production services and products that help oil and gas companies to develop hydrocarbon reserves and enhance production.