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Wednesday, May 9, 2012

Potential Takeover Candidate? (NYSE: CODI)

Shares of CODI fell by 3.58% or $-0.49/share to $13.19. NYSE is trading at a price to book ratio of 1.33. The PEG is 0.74 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.85. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 206424 shares of CODI exchange hands on a given day and today's volume is recorded at 94539. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.

Compass Diversified Holdings (the Trust) acquires controlling interests in and manages businesses.