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

Wednesday, January 23, 2013

Undervalued Stock Detected (NYSE: RKT)

Shares of RKT traded higher by 6.10% or $4.52/share to $78.58. NYSE is trading at a price to book ratio of 1.52. The PEG is 0.8 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.56. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 615502 shares of RKT exchange hands on a given day and today's volume is recorded at 291190. 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.

Rock-Tenn Company (RockTenn) is a North America's integrated manufacturer of corrugated and consumer packaging.