Shares of TX traded higher by 0.75% or $0.15/share to $20.15. NYSE is trading at a price to book ratio of 0.72. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.55 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.46. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 531550 shares of TX exchange hands on a given day and today's volume is recorded at 985381. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Ternium S.A. (Ternium) is a steel company in Latin America, manufacturing and processing a range of flat and long steel products for customers active in the construction, home appliances, capital goods, container, food, energy and automotive industries.