Shares of TX fell by 7.26% or $-1.83/share to $23.37. Ternium S.A. is trading at a price to book ratio of 0.86. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.2. The price to sales ratio came in at 0.56. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 602832 shares of TX exchange hands on a given day and today's volume is recorded at 265419. 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.
Ternium SA is a steel company in Latin America that manufactures and processes flat and long steel products for the construction, home appliances, capital goods, container, food, energy and automotive industries.
