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Wednesday, October 5, 2011

Undervalued Stock Detected (NYSE: CVG)

Shares of CVG traded higher by 0.16% or $0.015/share to $9.12. Convergys Corporation is trading at a price to book ratio of 0.89. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.21. The price to sales ratio came in at 0.49. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1160070 shares of CVG exchange hands on a given day and today's volume is recorded at 2324384. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Convergys Corporation (Convergys) is engaged in relationship management.