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

Monday, July 2, 2012

Undervalued Stock Detected (NYSE: TDS)

Shares of TDS traded higher by 3.48% or $0.74/share to $22.03. NYSE is trading at a price to book ratio of 0.58. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.55. The price to sales ratio came in at 0.44. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 588844 shares of TDS exchange hands on a given day and today's volume is recorded at 1183658. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Telephone and Data Systems, Inc. (TDS) is a diversified telecommunications service company with wireless operations provided by its 84%-owned subsidiary, United States Cellular Corporation (U.