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Monday, November 7, 2011

Great Stock Value (NYSE: HGG)

Shares of HGG traded higher by 5.89% or $0.855/share to $15.38. hhgregg, Inc. is trading at a price to book ratio of 1.88. The PEG is 0.79 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.27. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 486009 shares of HGG exchange hands on a given day and today's volume is recorded at 790110. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

hhgregg, Inc. (hhgregg) is a specialty retailer of consumer electronics, home appliances and related services operating under the name hhgregg.