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Wednesday, January 16, 2013

Great Stock Value (NASDAQ: LOGI)

Shares of LOGI fell by 2.15% or $-0.16/share to $7.28. NASDAQ is trading at a price to book ratio of 1.24. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 0.62 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.52. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 478202 shares of LOGI exchange hands on a given day and today's volume is recorded at 201880. 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.

Logitech International SA (Logitech) is Switzerland-based company engaged in the provision of personal peripherals for computers and other digital platforms.