Navigate this market better. Subscribe for FREE stock alerts and information.

Tuesday, May 1, 2012

Potential Takeover Candidate? (NYSE: ACI)

Shares of ACI traded higher by 4.30% or $0.42/share to $10.18. NYSE is trading at a price to book ratio of 0.58. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.63. The price to sales ratio came in at 0.48. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 10500300 shares of ACI exchange hands on a given day and today's volume is recorded at 4307192. 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.

Arch Coal, Inc. (Arch) is a coal producer. During the year ended December 31, 2011, the Company sold approximately 156.