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Monday, April 22, 2013

Stocks with Strong Financial Metrics (NYSE: DEG)

Shares of DEG traded higher by 9.85% or $5.48/share to $61.13. NYSE is trading at a price to book ratio of 0.84. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.74. The price to sales ratio came in at 0.19. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 60132 shares of DEG exchange hands on a given day and today's volume is recorded at 24157. 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.

Etablissements Delhaize Freres Et Cie Le Lion SA is a Belgium-based food retailer.