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Monday, April 30, 2012

Undervalued Stock Detected (TSE: L.TO)

Shares of L fell by 0.27% or $-0.09/share to $33.15. TSE is trading at a price to book ratio of 1.56. The price to sales ratio came in at 0.3. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 533724 shares of L.TO exchange hands on a given day and today's volume is recorded at 767342. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.