Shares of YGE traded higher by 8.24% or $0.72/share to $9.46. Yingli Green Energy Holding Co. Ltd. is trading at a price to book ratio of 1.02. 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 0.34 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.66. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 3577640 shares of YGE exchange hands on a given day and today's volume is recorded at 1516327. These factors combined may make this company a potential takeover candidate. Value investors may have an eye on this one, especially if the stock gets cheaper.
Yingli Green Energy Holding Company Limited is a vertically integrated photovoltaic (PV) product manufacturer.
