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

Friday, April 27, 2012

Potentially Oversold Level Reached (NYSE: PCS)

Shares of PCS fell by 1.62% or $-0.115/share to $6.96. NYSE is trading at a price to book ratio of 0.88. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.4 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.53. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 5649920 shares of PCS exchange hands on a given day and today's volume is recorded at 1147857. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

MetroPCS Communications, Inc. (MetroPCS Communications) is a facilities-based wireless broadband mobile communications provider in the United States, including the Atlanta, Boston, Dallas/Fort Worth, Detroit, Las Vegas, Los Angeles, Miami, New York, Orlando/Jacksonville, Philadelphia, Sacramento, San Francisco, and Tampa/Sarasota metropolitan areas.