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Tuesday, December 11, 2012

Stocks with Strong Financial Metrics (NASDAQ: CG)

Shares of CG traded higher by 0.28% or $0.07/share to $25.01. NASDAQ is trading at a price to book ratio of 0.9. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.77 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.34. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 92694 shares of CG exchange hands on a given day and today's volume is recorded at 96437. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.