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Thursday, November 10, 2011

Potentially Oversold Level Reached (NASDAQ: KLIC)

Shares of KLIC traded higher by 2.52% or $0.23/share to $9.37. Kulicke & Soffa Industries Inc. is trading at a price to book ratio of 1.42. The PEG is 0.35 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.73. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1322640 shares of KLIC exchange hands on a given day and today's volume is recorded at 503668. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Kulicke and Soffa Industries, Inc. (K&S) designs, manufactures and sells capital equipment and expendable tools used to assemble semiconductor devices, including integrated circuits (IC), high and low powered discrete devices, light-emitting diodes (LEDs), and power modules.