Shares of AM traded higher by 17.61% or $2.525/share to $16.86. NYSE is trading at a price to book ratio of 0.71. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.85 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, 360798 shares of AM exchange hands on a given day and today's volume is recorded at 192006. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
American Greetings Corporation (American Greetings) is engaged in the design, manufacture and sale of everyday and seasonal greeting cards and other social expression products.
