May 10, 2013 (Fast Lane via COMTEX) -- Below are the three companies in the Internet Software & Services industry with the lowest price to earnings to growth (PEG) ratios. PEG is valuable in assessing the tradeoff between the price of a stock and expected growth. Generally, the lower the PEG, the better.
Tencent Holdings (NASDAQ:TCTZF) is lowest with a PEG ratio of 0.22. Tencent Holdings Limited provides Internet, mobile, and telecommunication value-added services in China. The Company has an instant messaging community in China. Tencent also provides online advertising services. Tencent Holdings share prices have moved between a 52-week high of $36.50 and a 52-week low of $26.84 and are now trading 32% above that low price at $35.49 per share. The 200-day and 50-day moving averages have moved 0.26% higher and 0.21% higher over the past week, respectively.
Following is IAC/InterActiveCorp (NASDAQ:IACI) with a PEG ratio of 0.62. Finishing up the bottom three is Web.com Group Inc (NASDAQ:WWWW), with a PEG ratio of 0.68. ---------------------------------------------------------------------------------------------
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Copyright, Comtex News Network, Inc. 2013
