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

Monday, July 16, 2012

Excellent Stock Value (NASDAQ: ETFC)

Shares of ETFC traded higher by 1.02% or $0.08/share to $7.95. NASDAQ is trading at a price to book ratio of 0.45. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.66 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.59. On average, 5122420 shares of ETFC exchange hands on a given day and today's volume is recorded at 2059971. 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.

E*TRADE Financial Corporation (E*TRADE) is a financial services company, which provides online brokerage and related products and services primarily to individual retail investors under the brand E*TRADE Financial.