Shares of ANDE traded higher by 1.93% or $0.8/share to $42.23. NASDAQ is trading at a price to book ratio of 1.31. The PEG is 0.79 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.16. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 132977 shares of ANDE exchange hands on a given day and today's volume is recorded at 53930. These factors combined may make this company a potential takeover candidate. Value investors may have an eye on this one, especially if the stock gets cheaper.
The Andersons, Inc. is a diversified company with interests in the grain, ethanol and plant nutrient sectors of the United States agriculture, as well as in railcar leasing and repair, turf products production and general merchandise retailing.
