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Tuesday, April 24, 2012

Excellent Stock Value (NYSE: VE)

Shares of VE traded higher by 0.88% or $0.12/share to $13.78. NYSE is trading at a price to book ratio of 0.74. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 2.06. The price to sales ratio came in at 0.18. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1003270 shares of VE exchange hands on a given day and today's volume is recorded at 1304706. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Veolia Environnement is a France-based Company which provides environmental management services.