Shares of JNY fell by 2.41% or $-0.27/share to $10.95. NYSE is trading at a price to book ratio of 0.78. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.78. The price to sales ratio came in at 0.23. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1438120 shares of JNY exchange hands on a given day and today's volume is recorded at 579651. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
The Jones Group Inc. (Jones) is a global designer, marketer and wholesaler of over 35 brands across five divisions: apparel, footwear, jeans wear, jewelry and handbags.
