Shares of SNE fell by 1.67% or $-0.4701/share to $27.60. Sony Corporation is trading at a price to book ratio of 0.78. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.33 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.31. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1158240 shares of SNE exchange hands on a given day and today's volume is recorded at 232702. 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.
Sony Corporation (Sony) is engaged in the development, design, manufacture, and sale of various kinds of electronic equipment, instruments, and devices for consumer, professional and industrial markets, as well as game consoles and software.
