Shares of KNM fell by 4.77% or $-0.96/share to $19.16. Konami Corporation is trading at a price to book ratio of 1.18. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 0.97 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.84. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 11477 shares of KNM exchange hands on a given day and today's volume is recorded at 4220. These factors combined make this company a prime takeover candidate. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
KONAMI CORPORATION, together with its subsidiaries (KONAMI) is engaged in production and sale of video game software for home video game systems, game machines for installation in amusement arcades and other entertainment venues and other amusement-related products, and operation of health and fitness club facilities.
