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Thursday, December 13, 2012

Potentially Oversold Level Reached (NASDAQ: JASO)

Shares of JASO fell by 2.94% or $-0.12/share to $3.96. NASDAQ is trading at a price to book ratio of 0.91. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.05 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.71. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 212158 shares of JASO exchange hands on a given day and today's volume is recorded at 85180. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

JA Solar Holdings Co., Ltd. (JA Solar) is engaged in the business of designing, developing, manufacturing and selling solar cell and solar module products.