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

Tuesday, December 18, 2012

Excellent Stock Value (TSE: LNR.TO)

Shares of LNR traded higher by 1.68% or $0.36/share to $21.85. TSE is trading at a price to book ratio of 1.38. The PEG is 0.3 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.44. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 63716 shares of LNR.TO exchange hands on a given day and today's volume is recorded at 204463. 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.