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

Thursday, January 10, 2013

Excellent Stock Value (NYSE: IX)

Shares of IX traded higher by 1.74% or $0.92/share to $53.75. NYSE is trading at a price to book ratio of 0.06. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.52 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.09. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 11036 shares of IX exchange hands on a given day and today's volume is recorded at 4568. 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.

ORIX CORPORATION is a financial company. The Corporate Financial Service segment is engaged in financing, leasing and financial instrument selling.