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Friday, December 9, 2011

Excellent Stock Value (NYSE: OLN)

Shares of OLN traded higher by 2.62% or $0.48/share to $18.81. Olin Corp. is trading at a price to book ratio of 1.46. The PEG is 0.67 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.77. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 866881 shares of OLN exchange hands on a given day and today's volume is recorded at 377635. 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.

Olin Corporation is a manufacturer concentrated in two business segments: Chlor Alkali Products and Winchester.