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Friday, January 11, 2013

Potentially Oversold Level Reached (NYSE: GMK)

Shares of GMK fell by 0.15% or $-0.02/share to $13.27. NYSE is trading at a price to book ratio of 1.69. The PEG is 0.45 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.37. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 11620 shares of GMK exchange hands on a given day and today's volume is recorded at 12251. 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.

Gruma SAB de CV (GRUMA) is a Mexico-based company engaged, through its subsidiaries, in the production, distribution and sale of corn flour.