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

Tuesday, December 18, 2012

Excellent Stock Value (NYSE: VE)

Shares of VE traded higher by 1.09% or $0.13/share to $12.06. NYSE is trading at a price to book ratio of 0.67. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.56. The price to sales ratio came in at 0.16. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 390874 shares of VE exchange hands on a given day and today's volume is recorded at 122145. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Veolia Environnement Ve SA is a France-based company which provides environmental management services.