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Wednesday, October 12, 2011

Undervalued Stock Detected (NASDAQ: NIHD)

Shares of NIHD traded higher by 5.91% or $1.525/share to $27.32. NII Holdings Inc. is trading at a price to book ratio of 1.17. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 0.56 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.7. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 2215460 shares of NIHD exchange hands on a given day and today's volume is recorded at 896181. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

NII Holdings, Inc. (NII Holdings) provides wireless communication services under the Nextel brand through operating companies located in selected Latin American markets, with its principal operations located in Mexico, Brazil, Argentina, Peru and Chile.