Shares of TITN traded higher by 13.76% or $3.78/share to $31.25. Titan Machinery, Inc. is trading at a price to book ratio of 1.78. The PEG is 0.74 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.4. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 198852 shares of TITN exchange hands on a given day and today's volume is recorded at 367350. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Titan Machinery Inc. is a retail dealer of Case IH Agriculture equipment and a retail dealer of New Holland Agriculture, Case Construction and New Holland Construction equipment in the United States.
