Shares of AGCO traded higher by 1.10% or $0.58/share to $53.08. 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 0.52. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1011630 shares of AGCO exchange hands on a given day and today's volume is recorded at 410809. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
AGCO Corporation (AGCO) is a manufacturer and distributor of agricultural equipment and related replacement parts globally.
