May 10, 2013 (Fast Lane via COMTEX) -- Below are the three companies in the Construction Materials 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.
Headwaters (NYSE:HW) is lowest with a PEG ratio of 2.60. Headwaters Incorporated develops and deploys alternative fuel and related technologies. The Company converts fossil fuels such as coal and heavy oils to alternative energy products while improving energy efficiency and the environment. Headwaters also acquires and expands synergistic new business opportunities. Headwaters share prices have moved between a 52-week high of $11.52 and a 52-week low of $3.93 and are now trading 179% above that low price at $10.98 per share. Over the past week, the 200-day moving average (MA) has gone up 1.3% while the 50-day MA has advanced 1.6%.
Martin Marietta Materials (NYSE:MLM) is next with a PEG ratio of 2.65. Finishing up the bottom three is Eagle Materials (NYSE:EXP), with a PEG ratio of 3.37. ---------------------------------------------------------------------------------------------
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