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Wednesday, February 20, 2013

Potentially Oversold Level Reached (NYSE: TPC)

Shares of TPC fell by 0.37% or $-0.07/share to $18.86. NYSE is trading at a price to book ratio of 0.82. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.04 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.22. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 244595 shares of TPC exchange hands on a given day and today's volume is recorded at 201238. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Tutor Perini Corporation (Tutor Perini) is a construction company offering general contracting, construction management and design-build services to private clients and public agencies worldwide.