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Tuesday, May 8, 2012

Great Stock Value (NYSE: ACH)

Shares of ACH fell by 4.74% or $-0.56/share to $11.25. NYSE is trading at a price to book ratio of 0.8. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.39. The price to sales ratio came in at 0.27. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 251826 shares of ACH exchange hands on a given day and today's volume is recorded at 101395. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

ALUMINUM CORPORATION OF CHINA LIMITED is principally engaged in extraction of aluminum oxide, electrolyzation of primary aluminum, as well as production and distribution of processed aluminum products.