Shares of CLWR traded higher by 4.68% or $0.2/share to $4.47. Clearwire Corporation is trading at a price to book ratio of 0.95. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.08 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.52. On average, 5439950 shares of CLWR exchange hands on a given day and today's volume is recorded at 4492033. 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.
