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Tuesday, February 26, 2013

Great Stock Value (NASDAQ: GAME)

Shares of GAME traded higher by 1.04% or $0.0314/share to $3.04. NASDAQ is trading at a price to book ratio of 1.33. The PEG is 0.49 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.04. Thus, the company is not very expensive in terms of its sales. On average, 392561 shares of GAME exchange hands on a given day and today's volume is recorded at 160828. 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.

Shanda Games Limited (Shanda Games) is engaged in the development and operation of online games and related businesses in the People?s Republic of China.