Shares of GFA fell by 2.68% or $-0.29/share to $10.52. Gafisa SA is trading at a price to book ratio of 1.01. 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 0.2 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.01. Thus, the company is not very expensive in terms of its sales. On average, 3151310 shares of GFA exchange hands on a given day and today's volume is recorded at 1302330. 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.
Gafisa S.A. (Gafisa) is a diversified national homebuilder serving all demographic segments of the Brazilian market.
