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Friday, October 28, 2011

Stocks with Strong Financial Metrics (NYSE: NBG)

Shares of NBG fell by 4.73% or $-0.0288/share to $0.58. National Bank of Greece SA is trading at a price to book ratio of 0.27. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.11 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.34. On average, 3709790 shares of NBG exchange hands on a given day and today's volume is recorded at 1109206. These factors combined may make this company a potential takeover candidate. 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.