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Wednesday, February 20, 2013

Undervalued Stock Detected (NASDAQ: NSIT)

Shares of NSIT traded higher by 0.63% or $0.13/share to $20.74. NASDAQ is trading at a price to book ratio of 1.3. The PEG is 0.57 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.17. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 154292 shares of NSIT exchange hands on a given day and today's volume is recorded at 65578. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Insight Enterprises, Inc. (Insight) is a global provider of information technology (IT) hardware, software and service solutions to businesses and public sector clients.