Shares of CLWR fell by 8.67% or $-0.41/share to $4.32. Clearwire Corporation is trading at a price to book ratio of 1.05. 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 0.09 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.68. On average, 5099540 shares of CLWR exchange hands on a given day and today's volume is recorded at 1040965. 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.
Clearwire Corporation (Clearwire) is a provider of fourth generation (4G) wireless broadband services.
