Shares of ASH fell by 3.60% or $-2.7/share to $72.22. NYSE is trading at a price to book ratio of 1.43. The PEG is 0.79 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.73. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 937067 shares of ASH exchange hands on a given day and today's volume is recorded at 569455. 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.
Ashland Inc. (Ashland) is a global specialty chemical company that provides products, services and solutions throughout a variety of industries.
