Focus Media Holding Limited (FMCN) operates out-of-home advertising network using audiovisual digital displays in the People's Republic of China.
Pluses at this time are:
- Volume at approximately 3.26 million average shares/day
- P/E is at 19 (slightly high for my taste)
- Current price at 55.8% below the 52 week high
- Steady earnings increase since '04
Trading today at 29.59, FMCN may be a stock worth taking a second look.