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Thursday, January 17, 2013

Potentially Oversold Level Reached (NYSE: VIP)

Shares of VIP traded higher by 0.93% or $0.11/share to $11.88. NYSE is trading at a price to book ratio of 1.3. The PEG is 0.16 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.83. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1205320 shares of VIP exchange hands on a given day and today's volume is recorded at 338563. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

VimpelCom Ltd. (VimpelCom) is a holding company. The Company operates in Mobile Telecommunications Businessand Fixed-Line Telecommunications and Fixed Internet Business.