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Wednesday, March 27, 2013

Undervalued Stock Detected (NYSE: PT)

Shares of PT fell by 2.10% or $-0.105/share to $4.90. NYSE is trading at a price to book ratio of 1.44. The PEG is 0.95 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.5. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 331085 shares of PT exchange hands on a given day and today's volume is recorded at 96840. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Portugal Telecom SGPS SA (Portugal Telecom) is a Portugal-based holding company primarily engaged in the telecommunications sector.