Shares of KYO fell by 1.13% or $-1.241/share to $108.81. Kyocera Corporation is trading at a price to book ratio of 1.15. 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 0.28 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.29. Thus, the company is not very expensive in terms of its sales. On average, 15992 shares of KYO exchange hands on a given day and today's volume is recorded at 7027. 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.
Kyocera Corporation (Kyocera) develops, produces and distributes a range of products for the information and communications market and environment and energy market worldwide.
