Navigate this market better. Subscribe for FREE stock alerts and information.

Friday, April 27, 2012

Potential Takeover Candidate? (TSE: WJA.TO)

Shares of WJA fell by 0.41% or $-0.06/share to $14.64. TSE is trading at a price to book ratio of 1.48. The price to sales ratio came in at 0.66. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 414471 shares of WJA.TO exchange hands on a given day and today's volume is recorded at 662590. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.