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Tuesday, November 13, 2012

Stocks with Strong Financial Metrics (NYSE: WFT)

Shares of WFT fell by 9.56% or $-1.04/share to $9.84. NYSE is trading at a price to book ratio of 0.83. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.69 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.6. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 9461750 shares of WFT exchange hands on a given day and today's volume is recorded at 5689688. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Weatherford International Ltd. (Weatherford) is a provider of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells.