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Wednesday, May 1, 2013

Potentially Oversold Level Reached (NYSE: GTS)

Shares of GTS traded higher by 5.82% or $1.05/share to $19.08. NYSE is trading at a price to book ratio of 0.67. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.03 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.21. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 56126 shares of GTS exchange hands on a given day and today's volume is recorded at 48589. 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.