Navigate this market better. Subscribe for FREE stock alerts and information.

Wednesday, January 16, 2013

Excellent Stock Value (NASDAQ: TTMI)

Shares of TTMI traded higher by 4.99% or $0.37/share to $7.79. NASDAQ is trading at a price to book ratio of 0.96. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.59 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.46. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 367995 shares of TTMI exchange hands on a given day and today's volume is recorded at 210941. 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.

TTM Technologies, Inc. (TTM) is a global provider of printed circuit board (PCB) products and backplane assemblies (PCBs populated with electronic components), which serve as the foundation of electronic products.