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Wednesday, April 25, 2012

Potential Takeover Candidate? (TSE: POW.TO)

Shares of POW traded higher by 1.07% or $0.29/share to $27.35. TSE is trading at a price to book ratio of 1.38. The price to sales ratio came in at 0.38. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 884567 shares of POW.TO exchange hands on a given day and today's volume is recorded at 1872220. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.