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Monday, April 23, 2012

Excellent Stock Value (NASDAQ: CENT)

Shares of CENT fell by 0.66% or $-0.07/share to $10.53. NASDAQ is trading at a price to book ratio of 1.2. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 1.33. The price to sales ratio came in at 0.31. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 55467 shares of CENT exchange hands on a given day and today's volume is recorded at 34850. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.

Central Garden & Pet Company (Central) is a marketer and producer of branded products.