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Friday, December 28, 2012

Stocks with Strong Financial Metrics (TSE: CEE.TO)

Shares of CEE fell by 3.23% or $-0.02/share to $0.60. TSE is trading at a price to book ratio of 0.7. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.03 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.83. On average, 892387 shares of CEE.TO exchange hands on a given day and today's volume is recorded at 368348. 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.