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Friday, July 6, 2012

Potentially Oversold Level Reached (NASDAQ: CORE)

Shares of CORE traded higher by 0.62% or $0.3/share to $48.87. NASDAQ is trading at a price to book ratio of 1.46. The PEG is 0.94 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.09. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 57652 shares of CORE exchange hands on a given day and today's volume is recorded at 40827. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Core-Mark Holding Company, Inc. (Core-Mark) is a marketer of fresh and supply solutions to the convenience retail industry in North America providing sales and marketing, distribution and logistics services to customer locations across the United States and Canada.