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Tuesday, October 16, 2012

Stocks with Strong Financial Metrics (TSE: ARE.TO)

Shares of ARE traded higher by 0.93% or $0.11/share to $12.00. TSE is trading at a price to book ratio of 1.37. The PEG is 1.34. The price to sales ratio came in at 0.23. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 177354 shares of ARE.TO exchange hands on a given day and today's volume is recorded at 354095. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.