Shares of AXE fell by 0.22% or $-0.12/share to $54.41. NYSE is trading at a price to book ratio of 1.68. The PEG is 0.97 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.29. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 306842 shares of AXE exchange hands on a given day and today's volume is recorded at 452985. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Anixter International Inc. is engaged in the distribution of communications and security products, electrical wire and cable products, fasteners and small parts through Anixter Inc.
