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Monday, November 14, 2011

Excellent Stock Value (NYSE: SCS)

Shares of SCS fell by 2.01% or $-0.15/share to $7.31. Steelcase Inc. is trading at a price to book ratio of 1.37. The PEG is 1.07 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.37. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1050910 shares of SCS exchange hands on a given day and today's volume is recorded at 1102614. 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.

Steelcase Inc. (Steelcase) is engaged in furnishing the work experience in office environments.