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Thursday, May 10, 2012

Excellent Stock Value (NYSE: ABH)

Shares of ABH traded higher by 1.04% or $0.12/share to $11.64. NYSE is trading at a price to book ratio of 0.32. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 2.39. The price to sales ratio came in at 0.24. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 227921 shares of ABH exchange hands on a given day and today's volume is recorded at 94828. These factors combined may make this company a potential takeover candidate. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.

AbitibiBowater Inc. (AbitibiBowater) is the global forest products company.