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Tuesday, January 15, 2013

Stocks with Strong Financial Metrics (NYSE: DAN)

Shares of DAN fell by 2.10% or $-0.33/share to $15.37. NYSE is trading at a price to book ratio of 1.99. The PEG is 0.7 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.31. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1960310 shares of DAN exchange hands on a given day and today's volume is recorded at 918896. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Dana Holding Corporation (Dana) is a supplier of driveline products (axles, driveshafts and transmissions), power technologies (sealing and thermal-management products) and genuine service parts for vehicle manufacturers globally.