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Tuesday, December 4, 2012

Potentially Oversold Level Reached (NYSE: AOL)

Shares of AOL fell by 3.68% or $-1.175/share to $30.72. NYSE is trading at a price to book ratio of 1.38. The PEG is 0.02 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.23. Thus, the company is not very expensive in terms of its sales. On average, 2091070 shares of AOL exchange hands on a given day and today's volume is recorded at 853471. 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.

AOL, Inc. provides global web services. The Company operates web destinations, offers free software services, runs an Internet access business and provides online advertising solutions and services.