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Monday, May 14, 2012

Great Stock Value (TSE: UFS.TO)

Shares of UFS fell by 1.45% or $-1.18/share to $80.00. TSE is trading at a price to book ratio of 0.99. This indicates that the value of the company's underlying assets exceeds today's market price. The price to sales ratio came in at 0.55. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 26846 shares of UFS.TO exchange hands on a given day and today's volume is recorded at 7880. 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.