The intrinsic value of a company's stock, also known as its fundamental value, refers to the stock's "true" valoe based on accurate risk-and return data. The value perceived by stock market investors determines the market price of a stock. A stock trading at a price below its intrinsic value is considered to be undervalued. A stock trading at a price above its intrinsic value is conisidered to be overvalued. The goal of the managers of a publicly owned company should be to maximize the firm's An anaiyst with a leading investment bank tracks the stock of Mandalays inc. According to her estimations, the value of Mandalays Incis stock should be \$8.79 per share, but Mandalays Inci's stock is trading at $1.59 per share on the New York Stock Exchange (NYSE). Considering the analyst's expectations, the stock is currently: Overvalued. In equalibrium, Undervalued