Shares of OMX fell by 1.65% or $-0.1999/share to $11.89. NYSE is trading at a price to book ratio of 1.03. 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 1.05 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.15. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 2370050 shares of OMX exchange hands on a given day and today's volume is recorded at 488106. 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.
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.
