Shares of OMX traded higher by 6.12% or $0.795/share to $13.80. NYSE is trading at a price to book ratio of 1.11. 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 1.23. The price to sales ratio came in at 0.16. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1627790 shares of OMX exchange hands on a given day and today's volume is recorded at 3891176. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
OfficeMax Incorporated (OfficeMax) provides office supplies and paper, print and document services, technology products and solutions and office furniture to large, medium and small businesses, government offices and consumers.
