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Thursday, April 12, 2012

Potential Takeover Candidate? (NYSE: BKS)

Shares of BKS fell by 4.86% or $-0.57/share to $11.16. Barnes & Noble, Inc. is trading at a price to book ratio of 0.83. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.06 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.1. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1267340 shares of BKS exchange hands on a given day and today's volume is recorded at 548769. 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.

Barnes & Noble, Inc. (Barnes & Noble) is a bookseller.