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Friday, May 25, 2012

Excellent Stock Value (NYSE: VIP)

Shares of VIP fell by 10.19% or $-0.89/share to $7.84. NYSE is trading at a price to book ratio of 0.97. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.16 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.6. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 2033610 shares of VIP exchange hands on a given day and today's volume is recorded at 815375. These factors combined may make this company a potential takeover candidate. Value investors may have an eye on this one, especially if the stock gets cheaper.

VimpelCom Ltd. (VimpelCom) is a holding company. The Company operates in Mobile Telecommunications Businessand Fixed-Line Telecommunications and Fixed Internet Business.