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Wednesday, March 27, 2013

Undervalued Stock Detected (NYSE: VE)

Shares of VE fell by 3.16% or $-0.401/share to $12.28. NYSE is trading at a price to book ratio of 0.7. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.94 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, 260246 shares of VE exchange hands on a given day and today's volume is recorded at 104035. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Veolia Environnement SA is a France-based company which provides environmental management services.