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Wednesday, October 5, 2011

Stocks with Strong Financial Metrics (NYSE: APO)

Shares of APO traded higher by 4.44% or $0.44/share to $10.34. Apollo Global Management, LLC is trading at a price to book ratio of 1.51. The PEG is 0.61 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.43. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 285371 shares of APO exchange hands on a given day and today's volume is recorded at 515586. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Apollo Global Management, LLC (Apollo) is a global alternative asset manager.