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

Monday, January 28, 2013

Potentially Oversold Level Reached (NASDAQ: SCSC)

Shares of SCSC traded higher by 0.03% or $0.01/share to $29.07. NASDAQ is trading at a price to book ratio of 1.16. 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 1.15 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.27. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 120592 shares of SCSC exchange hands on a given day and today's volume is recorded at 48617. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

ScanSource, Inc. is a wholesale distributor of specialty technology products, providing distribution sales to resellers in the specialty technology markets.