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Monday, February 13, 2012

Great Stock Value (NASDAQ: STLD)

Shares of STLD fell by 0.97% or $-0.15/share to $15.31. Steel Dynamics Inc. 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 0.42. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 3118950 shares of STLD exchange hands on a given day and today's volume is recorded at 666324. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Steel Dynamics, Inc. is a steel producer and metals recycler in the United States.